My analysis of 4 comparable properties puts this home's estimated value at $1,711,972. Based on how the local market is moving, a list price between $1,678,000 and $1,746,000 would position this home well. This pricing would rank the home as the most expensive of 7 comparable homes on the market in 1621 ENFIELD CONDO's current inventory. At 10 years older than typical comps, the 2008 build date influences the valuation. The smaller lot (0.07 acres versus the area average of 0.13) contributes to the valuation. Right now, 7 similar properties are competing for buyers in 1621 ENFIELD CONDO, listed between $874,999 and $2,600,000. The 6 month price trend in 78703: fallen 8.5%. The best comp here is 1010 W 10th ST # 102, Austin TX 78703 at an adjusted value of $920,963, a strong comparable. The comp data here (4 sales in 1621 ENFIELD CONDO) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property.
Curious about your home's value? Get a free estimate here. Ed Neuhaus
