2016 Encino CIR, Austin TX 78723

The comparable sales data (7 recent transactions in ENCINO TERRACE) supports an estimated value of $814,014. The data suggests a list price between $702,000 and $712,000 would attract qualified buyers without leaving money on the table. This would position the home competitively among 7 active listings in ENCINO TERRACE. Being built in 1972 (38 years older than comps) is factored into the value estimate. Lot size matters here: 0.17 acres versus 0.08 for the typical comp. With 7 similar homes currently listed in ENCINO TERRACE (a buyer's market), competition is a factor to consider. Prices in 78723 have risen 2.9% over the last 6 months. A similar home at 4004 Pinckney ST, Austin TX 78723 carries an adjusted comparable value of $901,376, providing a strong data point. The strength of this estimate comes from 7 directly comparable sales in ENCINO TERRACE. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group