6800 Menchaca RD # 27, Austin TX 78745

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $409,459. To generate strong buyer interest while maximizing value, I'd price this between $401,000 and $418,000. In the current SOMA market with 7 similar homes available, this price represents the 3rd least expensive of 7 comparable homes on the market. At 0.00 acres, the lot is smaller than the 0.17 acre comp average, which factors into pricing. Buyers in SOMA have 7 comparable options right now, with asking prices between $325,000 and $549,900. The trend in 78745 shows prices have fallen 1.7% in the past 6 months. 8801 Dulcet DR, Austin TX 78745 nearby adjusts to $376,818; a strong comparable. 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