6800 Manchaca RD # 18, Austin TX 78745

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $441,716. I'd recommend coming to market at $342,000 to $352,000 to strike the right balance between value and market velocity. At this price, the property would be the 2nd most expensive of 5 comparable homes on the market comparable homes currently on the market in SOMA. The 0.00 acre lot (smaller than the 0.16 acre average) is reflected in the estimate. Right now, 5 similar properties are competing for buyers in SOMA, listed between $355,000 and $675,000. The trend in 78745 shows prices have risen 1.8% in the past 6 months. 6406 Cannonleague #1 DR, Austin TX 78745 nearby adjusts to $626,165; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group