7002 Encanto TRL, Austin TX 78744

The estimated value of this property is $261,215, based on 3 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $309,000 and $313,000. With 6 comparable homes on the market in 78744, this price positions the property as the 2nd least expensive of 6 comparable homes on the market. The smaller floor plan (123 sqft compared to the average comp) is a meaningful differentiator in this price range. The active market in 78744 includes 6 comparable homes priced from $239,500 to $339,000. Recent trends in 78744 show home values have fallen 2.5% since 6 months ago. The most comparable recent sale is 7207 Thannas WAY, Austin TX 78744, with an adjusted value of $268,896; with a smaller floor plan. With 3 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group