2032 Encino CIR, Austin TX 78723

Based on 4 closed sales in ENCINO TERRACE, the data points to a value around $683,433 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $487,000 to $497,000. This pricing would rank the home as the most expensive of 7 comparable homes on the market in ENCINO TERRACE's current inventory. The 177 sqft size difference versus comparable sales is reflected in the adjusted values. Being built in 1968 (11 years newer than comps) is factored into the value estimate. With 7 similar homes currently listed in ENCINO TERRACE (a buyer's market), competition is a factor to consider. Market data shows 78723 prices fallen 9.2% over the last half year. The closest comparable sale, 3506 Lafayette Ave, Austin TX 78722 at an adjusted $714,003, is with a larger floor plan. The strength of this estimate comes from 4 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