6800 Manchaca RD # 12, Austin TX 78745

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $409,460. To generate strong buyer interest while maximizing value, I'd price this between $401,000 and $418,000. Against 7 similar active listings in SOMA, this price point lands at the 3rd least expensive of 7 comparable homes on the market. At 0.00 acres, the lot is smaller than the 0.17 acre comp average, which factors into pricing. The active market in SOMA includes 7 comparable homes priced from $325,000 to $549,900. The trend in 78745 shows prices have fallen 1.3% in the past 6 months. 8801 Dulcet DR, Austin TX 78745 nearby adjusts to $376,803; 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