1407 Newfield LN, Austin TX 78703

Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $973,037. I'd recommend coming to market at $740,000 to $750,000 to strike the right balance between value and market velocity. Against 7 similar active listings in ENFIELD, this price point lands at the 3rd least expensive of 7 comparable homes on the market. The smaller floor plan (207 sqft compared to the average comp) is a meaningful differentiator in this price range. The pool is a standout feature, with 3 of 3 comparable homes not offering one. Right now, 7 similar properties are competing for buyers in ENFIELD, listed between $675,000 and $1,995,000. The trend in ENFIELD shows prices have fallen 10.3% in the past 6 months. 1508 Pease RD, Austin TX 78703 nearby adjusts to $1,062,672; with no pool. Based on 3 relevant data points in ENFIELD, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX