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 $401,449. I'd recommend coming to market at $405,000 to $406,000 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 4th most expensive of 7 comparable homes on the market. The 0.00 acre lot (smaller than the 0.16 acre average) is reflected in the estimate. There are currently 7 similar homes on the market in SOMA, ranging from $399,000 to $489,000. The trend in 78745 shows prices have fallen 2.3% in the past 6 months. 6406 Cannonleague #1 DR, Austin TX 78745 nearby adjusts to $611,905; 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