6800 Manchaca RD # 19, Austin TX 78745

Taking into account 7 nearby comparable sales, this property's estimated value comes to $421,298. If we were to list this property today, I'd recommend a list price in the $562,000 to $595,000 range. This would position the home competitively among 7 active listings in SOMA. The 113 sqft size difference versus comparable sales is reflected in the adjusted values. Lot size matters here: 0.00 acres versus 0.13 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: fallen 2.5%. The best comp here is 2229 Independence DR # A63, Austin TX 78745 at an adjusted value of $562,195, with a larger 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