0 Encinas Rojas, Austin TX 78746

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $897,235. To generate strong buyer interest while maximizing value, I'd price this between $464,000 and $474,000. In the current 78746 market with 2 similar homes available, this price represents the most expensive of 2 comparable homes on the market. The smaller floor plan (930 sqft compared to the average comp) is a meaningful differentiator in this price range. At 2.47 acres, the lot is larger than the 0.59 acre comp average, which factors into pricing. Right now, 2 similar properties are competing for buyers in 78746, listed between $450,000 and $999,000. The trend in 78746 shows prices have risen 1.7% in the past 6 months. 907 The High Rd, Austin TX 78746 nearby adjusts to $780,045; with a larger floor plan. The 7 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