1505 Marshall LN, Austin TX 78703

The estimated value of this property is $2,275,229, based on 7 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $2,447,000 and $3,080,000. In the current ENFIELD market with 4 similar homes available, this price represents the 2nd least expensive of 4 comparable homes on the market. This home's larger footprint (1,552 sqft vs the comp average) plays a role in how the market prices it. Built in 2012, this home is 39 years newer than the average comp, which is reflected in the adjustments. Right now, 4 similar properties are competing for buyers in ENFIELD, listed between $1,995,000 and $4,495,000. Recent trends in ENFIELD show home values have fallen 10.3% since 6 months ago. The most comparable recent sale is 1507 Woodlawn, Austin TX 78703, with an adjusted value of $1,079,844; with a smaller floor plan. Based on 7 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