6800 Menchaca RD # 27, Austin TX 78745

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $423,790. To generate strong buyer interest while maximizing value, I'd price this between $455,000 and $477,000. In the current SOMA market with 7 similar homes available, this price represents the 3rd most expensive of 7 comparable homes on the market. At 0.00 acres, the lot is smaller than the 0.18 acre comp average, which factors into pricing. Buyers in SOMA have 7 comparable options right now, with asking prices between $360,000 and $499,000. The trend in 78745 shows prices have risen 2% in the past 6 months. 1802 Jentsch CT # A, Austin TX 78745 nearby adjusts to $346,992; with a larger 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