7233 Menchaca RD UNIT 22, Austin TX 78745

The market data from 3 similar recent sales in SOUTHBRIDGE VILLAS points to a value of approximately $348,370. To sell within a reasonable timeframe at fair market value, the $420,000 to $439,000 range is where I'd position this. At this price, the property would be the 2nd least expensive of 7 comparable homes on the market comparable homes currently on the market in SOUTHBRIDGE VILLAS. This home's smaller footprint (107 sqft vs the comp average) plays a role in how the market prices it. The 2011 construction puts this home 5 years newer than the comp average, a factor in the pricing. Right now, 7 similar properties are competing for buyers in SOUTHBRIDGE VILLAS, listed between $360,000 and $599,000. In 78745, home values have risen approximately 1.1% over the past 6 months. One of the strongest data points is 2408 Amur DR, Austin TX 78745, adjusting to $419,187; with a larger floor plan. 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