3627 Manchaca # 206, Austin TX 78704

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $390,739. To generate strong buyer interest while maximizing value, I'd price this between $206,000 and $216,000. Against 7 similar active listings in 78704, this price point lands at the 2nd most expensive of 7 comparable homes on the market. The 1983 construction puts this home 11 years newer than the comp average, a factor in the pricing. At 1.03 acres, the lot is larger than the 0.13 acre comp average, which factors into pricing. Buyers in 78704 have 7 comparable options right now, with asking prices between $225,000 and $429,000. The trend in 78704 shows prices have fallen 3.8% in the past 6 months. 3204 Menchaca RD # 216, Austin TX 78704 nearby adjusts to $258,756; 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