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 $704,294. To sell within a reasonable timeframe at fair market value, the $690,000 to $718,000 range is where I'd position this. In the current PEASE PLACE CONDOMINIUMS market with 1 similar homes available, this price represents below the only comparable home currently on the market. This home's smaller footprint (348 sqft vs the comp average) plays a role in how the market prices it. At 0.03 acres, the lot is smaller than the 0.12 acre comp average, which factors into pricing. With 1 similar homes currently listed in PEASE PLACE CONDOMINIUMS (a buyer's market), competition is a factor to consider. In 78703, home values have risen approximately 11.1% over the past 6 months. One of the strongest data points is 711 Patterson Ave, Austin TX 78703, adjusting to $893,245; 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