1603 Enfield RD # 206, Austin TX 78703

After reviewing 7 recent transactions in PEASE PLACE CONDOMINIUMS, I estimate this property's value at $484,442. A competitive list price for this home right now would fall in the $257,000 to $267,000 range. Relative to what's currently available in PEASE PLACE CONDOMINIUMS, this home would be the most expensive of 4 comparable homes on the market. The smaller lot (0.00 acres versus the area average of 0.05) contributes to the valuation. The active market in PEASE PLACE CONDOMINIUMS includes 4 comparable homes priced from $275,000 to $680,000. Prices in 78703 have fallen 6.6% over the last 6 months. A similar home at 1208 Enfield RD # 205, Austin TX 78703 carries an adjusted comparable value of $419,870, providing a strong data point. With 7 comparable sales in PEASE PLACE CONDOMINIUMS, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group