4103 Manchaca RD, Austin TX 78704

The comparable sales data (4 recent transactions in LOW THEODORE HEIGHTS) supports an estimated value of $735,803. The data suggests a list price between $305,000 and $315,000 would attract qualified buyers without leaving money on the table. Relative to what's currently available in LOW THEODORE HEIGHTS, this home would be the most expensive of 7 comparable homes on the market. Being built in 1940 (5 years older than comps) is factored into the value estimate. Lot size matters here: 0.33 acres versus 0.20 for the typical comp. Current inventory shows 7 comparable homes in LOW THEODORE HEIGHTS; a buyer's market based on recent absorption. Prices in 78704 have fallen 3.8% over the last 6 months. A similar home at 800 Kinney Ave, Austin TX 78704 carries an adjusted comparable value of $1,111,984, providing a strong data point. The strength of this estimate comes from 4 directly comparable sales in LOW THEODORE HEIGHTS. 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