3601 Manchaca RD # 122, Austin TX 78704

The market data from 7 similar recent sales in SANCTUARY points to a value of approximately $325,622. To sell within a reasonable timeframe at fair market value, the $226,000 to $236,000 range is where I'd position this. Against 5 similar active listings in SANCTUARY, this price point lands at the 2nd most expensive of 5 comparable homes on the market. At 0.05 acres, the lot is smaller than the 0.09 acre comp average, which factors into pricing. Buyers in SANCTUARY have 5 comparable options right now, with asking prices between $225,000 and $359,900. In 78704, home values have fallen approximately 3.8% over the past 6 months. One of the strongest data points is 3601 Menchaca RD # 105, Austin TX 78704, adjusting to $320,913; a strong comparable. 7 comparable transactions in SANCTUARY support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group