6800 Manchaca RD # 36, Austin TX 78745

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $512,850. I'd recommend coming to market at $503,000 to $523,000 to strike the right balance between value and market velocity. With 7 comparable homes on the market in SOMA, this price positions the property as the most expensive of 7 comparable homes on the market. The 0.00 acre lot (smaller than the 0.18 acre average) is reflected in the estimate. There are currently 7 similar homes on the market in SOMA, ranging from $349,000 to $539,000. The trend in 78745 shows prices have fallen 4% in the past 6 months. 6406 Cannonleague #1 DR, Austin TX 78745 nearby adjusts to $611,920; a strong comparable. Based on 7 relevant data points in SOMA, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX