5347 Encanta ST, San Antonio TX 78233

The market data from 7 similar recent sales in 78233 points to a value of approximately $216,821. To sell within a reasonable timeframe at fair market value, the $131,000 to $141,000 range is where I'd position this. With 1 comparable homes on the market in 78233, this price positions the property as below the only comparable home currently on the market. The 569 sqft size difference versus comparable sales is reflected in the adjusted values. At 0.20 acres, the lot is larger than the 0.16 acre comp average, which factors into pricing. Current inventory shows 1 comparable homes in 78233; a buyer's market based on recent absorption. In 78233, home values have risen approximately 52.4% over the past 6 months. One of the strongest data points is 3303 Stone Cave, San Antonio TX 78247, adjusting to $193,340; a strong comparable. 7 comparable transactions in 78233 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group