3809 Menchaca RD # B, Austin TX 78704

Reviewing the most recent comparable transactions, this home's market value falls around $295,052. For a well positioned listing in COACHLIGHT SQUARE, I'd target the $238,000 to $248,000 range. With 4 comparable homes on the market in COACHLIGHT SQUARE, this price positions the property as the 2nd most expensive of 4 comparable homes on the market. The 100 sqft size difference versus comparable sales is reflected in the adjusted values. The 1972 construction puts this home 11 years older than the comp average, a factor in the pricing. Buyers in COACHLIGHT SQUARE have 4 comparable options right now, with asking prices between $225,000 and $330,000. Recent trends in 78704 show home values have fallen 3.8% since 6 months ago. The most comparable recent sale is 3604 Clawson RD # 204, Austin TX 78704, with an adjusted value of $305,127; a strong comparable. The 3 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