4012 Enclave Mesa CIR, Austin TX 78731

After adjusting 4 comparable sales for differences in size, age, and features, this home's estimated value is $1,564,995. Pricing this home between $1,174,000 and $1,184,000 would put it in the competitive sweet spot for 78731. This pricing would rank the home as the 4th most expensive of 7 comparable homes on the market in 78731's current inventory. This home's larger footprint (127 sqft vs the comp average) plays a role in how the market prices it. The smaller lot (0.22 acres versus the area average of 0.29) contributes to the valuation. There are currently 7 similar homes on the market in 78731, ranging from $969,000 to $2,750,000. Market data shows 78731 prices fallen 10.7% over the last half year. The closest comparable sale, 5133 Valburn CT, Austin TX 78731 at an adjusted $1,001,970, is with a smaller floor plan and a pool. The comp data here (4 sales in 78731) 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