6800 Manchaca RD # 15, Austin TX 78745

My analysis of 7 comparable properties puts this home's estimated value at $435,581. Based on how the local market is moving, a list price between $427,000 and $444,000 would position this home well. This home's position in the current SOMA market: the 3rd least expensive of 7 comparable homes on the market among comparable properties. The smaller lot (0.00 acres versus the area average of 0.16) contributes to the valuation. There are currently 7 similar homes on the market in SOMA, ranging from $399,900 to $735,000. The 6 month price trend in 78745: fallen 4.3%. The best comp here is 7337 Menchaca RD # 38, Austin TX 78745 at an adjusted value of $378,664, a strong comparable. The comp data here (7 sales in SOMA) 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