3815 Manchaca RD # 12, Austin TX 78704

After reviewing 7 recent transactions in TIMBERS CONDO, I estimate this property's value at $230,471. A competitive list price for this home right now would fall in the $190,000 to $200,000 range. This home's position in the current TIMBERS CONDO market: the 2nd most expensive of 4 comparable homes on the market among comparable properties. The smaller floor plan (212 sqft compared to the average comp) is a meaningful differentiator in this price range. The smaller lot (0.00 acres versus the area average of 0.08) contributes to the valuation. The active market in TIMBERS CONDO includes 4 comparable homes priced from $194,900 to $250,000. Prices in 78704 have fallen 3.8% over the last 6 months. A similar home at 3734 Valley View RD # B, Austin TX 78704 carries an adjusted comparable value of $220,612, providing a strong data point. The comp data here (7 sales in TIMBERS CONDO) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus