2505 Enfield RD # 9, Austin TX 78703

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $893,629. I'd recommend coming to market at $1,380,000 to $1,399,000 to strike the right balance between value and market velocity. With 7 comparable homes on the market in 78703, this price positions the property as the 2nd least expensive of 7 comparable homes on the market. The 200 sqft size difference versus comparable sales is reflected in the adjusted values. With 7 similar homes currently listed in 78703 (a buyer's market), competition is a factor to consider. The trend in 78703 shows prices have fallen 8.6% in the past 6 months. 2109 Newfield LN # A, Austin TX 78703 nearby adjusts to $760,864; with a smaller floor plan. With 3 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group