2023 Encino CIR, Austin TX 78723

My analysis of 7 comparable properties puts this home's estimated value at $850,468. Based on how the local market is moving, a list price between $743,000 and $753,000 would position this home well. Relative to what's currently available in ENCINO TERRACE, this home would be the 2nd most expensive of 7 comparable homes on the market. At 35 years older than typical comps, the 1973 build date influences the valuation. The larger lot (0.17 acres versus the area average of 0.07) contributes to the valuation. 7 similar homes are currently available in ENCINO TERRACE, creating a buyer's market for this price range. The 6 month price trend in 78723: risen 2.3%. The best comp here is 4004 Pinckney ST, Austin TX 78723 at an adjusted value of $894,097, with a larger floor plan. The comp data here (7 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