1603 Enfield RD # 203, Austin TX 78703

The estimated value of this property is $542,225, based on 3 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $1,151,000 and $1,172,000. 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 PEASE PLACE CONDO. Built in 2012, this home is 6 years older than the average comp, which is reflected in the adjustments. The 0.04 acre lot (smaller than the 0.15 acre average) is reflected in the estimate. The active market in PEASE PLACE CONDO includes 7 comparable homes priced from $460,000 to $1,499,000. Recent trends in 78703 show home values have fallen 8.5% since 6 months ago. The most comparable recent sale is 800 Embassy DR # 210, Austin TX 78702, with an adjusted value of $418,583; with a smaller floor plan. Based on 3 relevant data points in PEASE PLACE CONDO, 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