Taking into account 7 nearby comparable sales, this property's estimated value comes to $398,894. If we were to list this property today, I'd recommend a list price in the $289,000 to $299,000 range. Relative to what's currently available in ENFIELD CHALLENGE CONDO, this home would be the most expensive of 3 comparable homes on the market. Being built in 1983 (15 years newer than comps) is factored into the value estimate. Lot size matters here: 0.03 acres versus 0.11 for the typical comp. 3 similar homes are currently available in ENFIELD CHALLENGE CONDO, creating a buyer's market for this price range. The 6 month price trend in 78703: fallen 0.5%. The best comp here is 2520 Quarry RD # 204, Austin TX 78703 at an adjusted value of $216,648, a strong comparable. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help.
Ed Neuhaus