5716 Encinal CV, Austin TX 78744

My analysis of 3 comparable properties puts this home's estimated value at $327,739. Based on how the local market is moving, a list price between $359,000 and $363,000 would position this home well. Relative to what's currently available in PEPPERTREE PARK, this home would be the most affordable of 3 comparable homes on the market. At 202 sqft larger than the typical comp, the size difference factors into the valuation. The larger lot (0.24 acres versus the area average of 0.20) contributes to the valuation. There are currently 3 similar homes on the market in PEPPERTREE PARK, ranging from $345,000 to $389,000. The 6 month price trend in PEPPERTREE PARK: fallen 15.6%. The best comp here is 5414 Palo Blanco LN, Austin TX 78744 at an adjusted value of $318,084, a strong comparable. With 3 comparable sales in PEPPERTREE PARK, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group