3601 Menchaca RD # 115, Austin TX 78704

My analysis of 7 comparable properties puts this home's estimated value at $259,143. Based on how the local market is moving, a list price between $259,000 and $261,000 would position this home well. Relative to what's currently available in SANCTUARY, this home would be the 3rd most expensive of 6 comparable homes on the market. The smaller lot (0.04 acres versus the area average of 0.07) contributes to the valuation. 6 similar homes are currently available in SANCTUARY, creating a buyer's market for this price range. The 6 month price trend in 78704: fallen 3.8%. The best comp here is 3734 Valley View RD # B, Austin TX 78704 at an adjusted value of $261,112, with a smaller floor plan. The comp data here (7 sales in SANCTUARY) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus