3801 Manchaca RD # 53, Austin TX 78704

Based on 4 closed sales in 78704, the data points to a value around $313,645 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $350,000 to $363,000. This pricing would rank the home as the 2nd most expensive of 3 comparable homes on the market in 78704's current inventory. Lot size matters here: 0.00 acres versus 0.07 for the typical comp. Buyers in 78704 have 3 comparable options right now, with asking prices between $300,000 and $499,000. Market data shows 78704 prices fallen 3.8% over the last half year. The closest comparable sale, 3801 Menchaca RD # 4, Austin TX 78704 at an adjusted $324,865, is a strong comparable. The strength of this estimate comes from 4 directly comparable sales in 78704. 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