6800 Manchaca RD # 40, Austin TX 78745

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $420,614. To generate strong buyer interest while maximizing value, I'd price this between $343,000 and $353,000. At this price, the property would be the 3rd least expensive of 7 comparable homes on the market comparable homes currently on the market in SOMA. At 0.00 acres, the lot is smaller than the 0.15 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in SOMA; a buyer's market based on recent absorption. The trend in 78745 shows prices have risen 1.5% in the past 6 months. 6406 Cannonleague #1 DR, Austin TX 78745 nearby adjusts to $643,768; with a smaller floor plan. 7 comparable transactions in SOMA support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group