1609 BROADMOOR DR, Austin TX 78723

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $432,628. I'd recommend coming to market at $539,000 to $550,000 to strike the right balance between value and market velocity. With 7 comparable homes on the market in 78723, this price positions the property as the most affordable of 7 comparable homes on the market. The 0.00 acre lot (smaller than the 0.19 acre average) is reflected in the estimate. The active market in 78723 includes 7 comparable homes priced from $425,000 to $675,000. The trend in 78723 shows prices have fallen 1.2% in the past 6 months. 5513 Delwood DR, Austin TX 78723 nearby adjusts to $369,906; a strong comparable. With 7 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