4800 Menchaca RD, Austin TX 78745

After reviewing 4 recent transactions in WESTERN, I estimate this property's value at $981,300. A competitive list price for this home right now would fall in the $786,000 to $796,000 range. Relative to what's currently available in WESTERN, this home would be the 2nd most expensive of 7 comparable homes on the market. At 189 sqft larger than the typical comp, the size difference factors into the valuation. The larger lot (0.32 acres versus the area average of 0.26) contributes to the valuation. There are currently 7 similar homes on the market in WESTERN, ranging from $792,000 to $1,400,000. Prices in WESTERN have risen 21.2% over the last 6 months. A similar home at 4604 Pack Saddle PASS, Austin TX 78745 carries an adjusted comparable value of $1,160,955, providing a strong data point. The comp data here (4 sales in WESTERN) 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