3601 Menchaca RD # 119, Austin TX 78704

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $313,647. To generate strong buyer interest while maximizing value, I'd price this between $211,000 and $221,000. Against 6 similar active listings in SANCTUARY, this price point lands at the 2nd most expensive of 6 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 6 comparable homes priced from $225,000 to $359,900. The trend in 78704 shows prices have fallen 3.8% in the past 6 months. 3601 Menchaca RD # 105, Austin TX 78704 nearby adjusts to $306,451; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group