3601 Menchaca # 106, Austin TX 78704

Reviewing the most recent comparable transactions, this home's market value falls around $314,909. For a well positioned listing in SANCTUARY, I'd target the $213,000 to $223,000 range. In the current SANCTUARY market with 5 similar homes available, this price represents 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. The active market in SANCTUARY includes 5 comparable homes priced from $225,000 to $359,900. Recent trends in 78704 show home values have fallen 3.8% since 6 months ago. The most comparable recent sale is 3601 Menchaca RD # 105, Austin TX 78704, with an adjusted value of $308,000; 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