3218 Enfield, Austin TX 78703

After reviewing 7 recent transactions in TOBIN & JOHNSON, I estimate this property's value at $1,313,764. A competitive list price for this home right now would fall in the $729,000 to $739,000 range. This home's position in the current TOBIN & JOHNSON market: the 3rd least expensive of 6 comparable homes on the market among comparable properties. This home's larger footprint (144 sqft vs the comp average) plays a role in how the market prices it. At 7 years older than typical comps, the 1939 build date influences the valuation. Current inventory shows 6 comparable homes in TOBIN & JOHNSON; a seller's market based on recent absorption. Prices in TOBIN & JOHNSON have fallen 32.8% over the last 6 months. A similar home at 3315 Cherry LN, Austin TX 78703 carries an adjusted comparable value of $1,472,513, providing a strong data point. The comp data here (7 sales in TOBIN & JOHNSON) 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