3801 Manchaca # 46, Austin TX 78704

Reviewing the most recent comparable transactions, this home's market value falls around $314,418. For a well positioned listing in 78704, I'd target the $351,000 to $364,000 range. In the current 78704 market with 3 similar homes available, this price represents the 2nd most expensive of 3 comparable homes on the market. At 0.00 acres, the lot is smaller than the 0.07 acre comp average, which factors into pricing. With 3 similar homes currently listed in 78704 (a buyer's market), competition is a factor to consider. Recent trends in 78704 show home values have fallen 3.8% since 6 months ago. The most comparable recent sale is 3801 Menchaca RD # 4, Austin TX 78704, with an adjusted value of $325,898; a strong comparable. 4 comparable transactions in 78704 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