1611 Houston ST, Austin TX 78756

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $576,355. I'd recommend coming to market at $624,000 to $653,000 to strike the right balance between value and market velocity. Against 4 similar active listings in BROADACRES, this price point lands at the 2nd most expensive of 4 comparable homes on the market. Current inventory shows 4 comparable homes in BROADACRES; a buyer's market based on recent absorption. The trend in BROADACRES shows prices have fallen 4.3% in the past 6 months. 1900 Justin LN, Austin TX 78757 nearby adjusts to $487,801; 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