6800 Menchaca RD # 31, Austin TX 78745

My analysis of 5 comparable properties puts this home's estimated value at $558,783. Based on how the local market is moving, a list price between $437,000 and $447,000 would position this home well. This would position the home competitively among 7 active listings in SOMA. The larger floor plan (113 sqft compared to the average comp) is a meaningful differentiator in this price range. Right now, 7 similar properties are competing for buyers in SOMA, listed between $429,500 and $578,900. The 6 month price trend in 78745: risen 2.4%. The best comp here is 6800 Menchaca RD # 5, Austin TX 78745 at an adjusted value of $438,958, a strong comparable. With 5 comparable sales in SOMA, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group