1603 Enfield RD # 305, Austin TX 78703

The market data from 7 similar recent sales in PEASE PLACE CONDOMINIUMS points to a value of approximately $693,701. To sell within a reasonable timeframe at fair market value, the $680,000 to $708,000 range is where I'd position this. In the current PEASE PLACE CONDOMINIUMS market with 0 similar homes available, this price represents no active comparable homes on the market. This home's smaller footprint (237 sqft vs the comp average) plays a role in how the market prices it. At 0.03 acres, the lot is smaller than the 0.14 acre comp average, which factors into pricing. In 78703, home values have risen approximately 4.8% over the past 6 months. One of the strongest data points is 711 Patterson Ave, Austin TX 78703, adjusting to $893,233; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group