5501 Manor RD, Austin TX 78723

Based on 7 closed sales in MANOR HILL, the data points to a value around $298,756 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $212,000 to $222,000. This pricing would rank the home as the 4th most expensive of 7 comparable homes on the market in MANOR HILL's current inventory. This home's smaller footprint (159 sqft vs the comp average) plays a role in how the market prices it. Being built in 1954 (5 years older than comps) is factored into the value estimate. Buyers in MANOR HILL have 7 comparable options right now, with asking prices between $205,000 and $700,000. Market data shows 78723 prices risen 1.7% over the last half year. The closest comparable sale, 3705 Tower View CT, Austin TX 78723 at an adjusted $344,183, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in MANOR HILL. 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