6800 Manchaca RD # 37, Austin TX 78745

My analysis of 7 comparable properties puts this home's estimated value at $401,441. Based on how the local market is moving, a list price between $405,000 and $406,000 would position this home well. Buyers shopping in SOMA right now would see this as a well positioned option among 7 comparable homes. The smaller lot (0.00 acres versus the area average of 0.16) contributes to the valuation. 7 similar homes are currently available in SOMA, creating a buyer's market for this price range. The 6 month price trend in 78745: fallen 3.2%. The best comp here is 6406 Cannonleague #1 DR, Austin TX 78745 at an adjusted value of $611,891, a strong comparable. The comp data here (7 sales in SOMA) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus