6800 Manchaca RD # 19, Austin TX 78745

Taking into account 7 nearby comparable sales, this property's estimated value comes to $424,839. If we were to list this property today, I'd recommend a list price in the $562,000 to $618,000 range. This would position the home competitively among 7 active listings in SOMA. The 130 sqft size difference versus comparable sales is reflected in the adjusted values. Lot size matters here: 0.00 acres versus 0.15 for the typical comp. Current inventory shows 7 comparable homes in SOMA; a buyer's market based on recent absorption. The 6 month price trend in 78745: risen 1.1%. The best comp here is 6715 Windrift WAY # 31, Austin TX 78745 at an adjusted value of $331,381, a strong comparable. 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