6800 Manchaca RD # 17, Austin TX 78745

Taking into account 7 nearby comparable sales, this property's estimated value comes to $488,225. If we were to list this property today, I'd recommend a list price in the $351,000 to $361,000 range. Buyers shopping in SOMA right now would see this as a well positioned option among 5 comparable homes. Lot size matters here: 0.00 acres versus 0.17 for the typical comp. Current inventory shows 5 comparable homes in SOMA; a buyer's market based on recent absorption. The 6 month price trend in 78745: risen 1.3%. The best comp here is 6406 Cannonleague #1 DR, Austin TX 78745 at an adjusted value of $634,141, with a smaller floor plan. The strength of this estimate comes from 7 directly comparable sales in SOMA. 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