After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $1,727,206. Pricing this home between $1,253,000 and $1,263,000 would put it in the competitive sweet spot for ENCLAVE VILLAS CONDO. This would position the home competitively among 7 active listings in ENCLAVE VILLAS CONDO. The smaller lot (0.19 acres versus the area average of 0.41) contributes to the valuation. The active market in ENCLAVE VILLAS CONDO includes 7 comparable homes priced from $1,175,000 to $3,250,000. Market data shows 78746 prices fallen 7% over the last half year. The closest comparable sale, 6004 Messenger Stake, Austin TX 78746 at an adjusted $1,819,570, is with a smaller floor plan. With 7 comparable sales in ENCLAVE VILLAS CONDO, 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