2004 Encino CIR, Austin TX 78723

After adjusting 5 comparable sales for differences in size, age, and features, this home's estimated value is $609,302. Pricing this home between $784,000 and $786,000 would put it in the competitive sweet spot for ENCINO TERRACE. Relative to what's currently available in ENCINO TERRACE, this home would be the 2nd least expensive of 7 comparable homes on the market. This home's larger footprint (190 sqft vs the comp average) plays a role in how the market prices it. At 6 years newer than typical comps, the 1968 build date influences the valuation. Current inventory shows 7 comparable homes in ENCINO TERRACE; a buyer's market based on recent absorption. Market data shows 78723 prices fallen 1.2% over the last half year. The closest comparable sale, 2032 Encino CIR, Austin TX 78723 at an adjusted $671,086, is with a smaller floor plan. The comp data here (5 sales in ENCINO TERRACE) 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