3627 Manchaca RD # 217, Austin TX 78704

Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $234,838. I'd recommend coming to market at $336,000 to $387,000 to strike the right balance between value and market velocity. Against 7 similar active listings in 78704, this price point lands at the 2nd least expensive of 7 comparable homes on the market. The 0.00 acre lot (smaller than the 0.06 acre average) is reflected in the estimate. Right now, 7 similar properties are competing for buyers in 78704, listed between $225,000 and $529,000. The trend in 78704 shows prices have fallen 5.4% in the past 6 months. 3204 Menchaca RD # 216, Austin TX 78704 nearby adjusts to $212,789; a strong comparable. With 3 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group