2212 Newfield LN, Austin TX 78703

The market data from 3 similar recent sales in ENFIELD points to a value of approximately $722,352. To sell within a reasonable timeframe at fair market value, the $471,000 to $481,000 range is where I'd position this. With 7 comparable homes on the market in ENFIELD, this price positions the property as the 4th most expensive of 7 comparable homes on the market. At 129 sqft larger than the typical comp, the size difference factors into the valuation. The 1943 construction puts this home 8 years newer than the comp average, a factor in the pricing. Right now, 7 similar properties are competing for buyers in ENFIELD, listed between $395,000 and $1,250,000. In ENFIELD, home values have fallen approximately 0.5% over the past 6 months. One of the strongest data points is 1811 Palma PLZ, Austin TX 78703, adjusting to $530,517; with a smaller floor plan. 3 comparable transactions in ENFIELD support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group