3811 Menchaca RD # B, Austin TX 78704

Reviewing the most recent comparable transactions, this home's market value falls around $348,955. For a well positioned listing in COACHLIGHT SQUARE, I'd target the $232,000 to $242,000 range. At this price, the property would be the 4th most expensive of 7 comparable homes on the market comparable homes currently on the market in COACHLIGHT SQUARE. At 0.01 acres, the lot is smaller than the 0.15 acre comp average, which factors into pricing. Buyers in COACHLIGHT SQUARE have 7 comparable options right now, with asking prices between $225,000 and $615,000. 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 $277,235; 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