3712 Manorwood RD, Austin TX 78723

Based on 6 closed sales in MANOR HILL, the data points to a value around $983,964 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $964,000 to $1,004,000. Relative to what's currently available in MANOR HILL, this home would be the 2nd most expensive of 7 comparable homes on the market. This home's larger footprint (142 sqft vs the comp average) plays a role in how the market prices it. Being built in 2022 (10 years newer than comps) is factored into the value estimate. Right now, 7 similar properties are competing for buyers in MANOR HILL, listed between $475,000 and $1,350,000. Market data shows 78723 prices risen 3.1% over the last half year. The closest comparable sale, 4020 Airport BLVD # 14, Austin TX 78722 at an adjusted $740,700, is a strong comparable. The strength of this estimate comes from 6 directly comparable sales in MANOR HILL. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group