3601 Menchaca RD # 215, Austin TX 78704

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $293,377. Pricing this home between $288,000 and $299,000 would put it in the competitive sweet spot for SANCTUARY. Relative to what's currently available in SANCTUARY, this home would be the most expensive of 7 comparable homes on the market. The smaller lot (0.04 acres versus the area average of 0.10) contributes to the valuation. The active market in SANCTUARY includes 7 comparable homes priced from $220,000 to $315,000. Market data shows 78704 prices fallen 3.8% over the last half year. The closest comparable sale, 3734 Valley View RD # B, Austin TX 78704 at an adjusted $256,855, is with a smaller floor plan. With 7 comparable sales in SANCTUARY, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group