1603 Enfield RD # 300, Austin TX 78703

Taking into account 4 nearby comparable sales, this property's estimated value comes to $1,186,168. If we were to list this property today, I'd recommend a list price in the $537,000 to $547,000 range. This would position the home competitively among 7 active listings in 78703. Being built in 2012 (5 years older than comps) is factored into the value estimate. Lot size matters here: 0.05 acres versus 0.12 for the typical comp. With 7 similar homes currently listed in 78703 (a buyer's market), competition is a factor to consider. The 6 month price trend in 78703: risen 4.1%. The best comp here is 1205 Elm ST # 8, Austin TX 78703 at an adjusted value of $802,901, a strong comparable. The strength of this estimate comes from 4 directly comparable sales in 78703. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group