605 Puerta Vallarta LN, Austin TX 78748

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $370,242. I'd recommend coming to market at $363,000 to $378,000 to strike the right balance between value and market velocity. Against 7 similar active listings in ENCLAVE ESTANCIA, this price point lands at the 2nd least expensive of 7 comparable homes on the market. At 141 sqft smaller than the typical comp, the size difference factors into the valuation. The 0.00 acre lot (smaller than the 0.17 acre average) is reflected in the estimate. Current inventory shows 7 comparable homes in ENCLAVE ESTANCIA; a balanced market based on recent absorption. The trend in 78748 shows prices have fallen 1.6% in the past 6 months. 12309 Toluca DR, Austin TX 78748 nearby adjusts to $382,038; with a larger floor plan. Based on 7 relevant data points in ENCLAVE ESTANCIA, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX