3627 Menchaca RD # 218, Austin TX 78704

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $240,984. To generate strong buyer interest while maximizing value, I'd price this between $197,000 and $207,000. In the current TIN RIVERTREE CONDO market with 5 similar homes available, this price represents the 2nd most expensive of 5 comparable homes on the market. The smaller floor plan (250 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.03 acres, the lot is smaller than the 0.06 acre comp average, which factors into pricing. With 5 similar homes currently listed in TIN RIVERTREE CONDO (a buyer's market), competition is a factor to consider. The trend in 78704 shows prices have fallen 3.8% in the past 6 months. 3734 Valley View RD # B, Austin TX 78704 nearby adjusts to $240,047; 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