694 Old Manchaca RD, Austin TX 78748

Reviewing the most recent comparable transactions, this home's market value falls around $365,731. For a well positioned listing in 78748, I'd target the $239,000 to $249,000 range. At this price, the property would be the most expensive of 3 comparable homes on the market comparable homes currently on the market in 78748. At 0.46 acres, the lot is larger than the 0.22 acre comp average, which factors into pricing. 3 similar homes are currently available in 78748, creating a balanced market for this price range. Recent trends in 78748 show home values have fallen 4.7% since 6 months ago. The most comparable recent sale is 12000 Sagrada ST, Austin TX 78748, with an adjusted value of $368,705; a strong comparable. The 3 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group