3627 Manchaca # 207, Austin TX 78704

The market data from 4 similar recent sales in RIVERTREE CONDOMINIUMS points to a value of approximately $258,995. To sell within a reasonable timeframe at fair market value, the $207,000 to $217,000 range is where I'd position this. With 5 comparable homes on the market in RIVERTREE CONDOMINIUMS, this price positions the property as the 3rd most expensive of 5 comparable homes on the market. At 0.00 acres, the lot is smaller than the 0.06 acre comp average, which factors into pricing. 5 similar homes are currently available in RIVERTREE CONDOMINIUMS, creating a buyer's market for this price range. In 78704, home values have fallen approximately 3.8% over the past 6 months. One of the strongest data points is 3204 Menchaca RD # 216, Austin TX 78704, adjusting to $213,047; a strong comparable. 4 comparable transactions in RIVERTREE CONDOMINIUMS 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