3627 Manchaca RD # 111, Austin TX 78704

Reviewing the most recent comparable transactions, this home's market value falls around $233,904. For a well positioned listing in TIN RIVERTREE CONDO, I'd target the $177,000 to $187,000 range. With 7 comparable homes on the market in TIN RIVERTREE CONDO, this price positions the property as the 4th most expensive of 7 comparable homes on the market. The smaller floor plan (259 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1983 construction puts this home 5 years newer than the comp average, a factor in the pricing. Right now, 7 similar properties are competing for buyers in TIN RIVERTREE CONDO, listed between $194,900 and $565,000. Recent trends in 78704 show home values have fallen 3.8% since 6 months ago. The most comparable recent sale is 3204 Menchaca RD # 710, Austin TX 78704, with an adjusted value of $187,078; 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