16408 Broadbay DR, Austin TX 78717

After reviewing 7 recent transactions in 78717, I estimate this property's value at $587,350. A competitive list price for this home right now would fall in the $839,000 to $866,000 range. This pricing would rank the home as the most affordable of 7 comparable homes on the market in 78717's current inventory. This home's larger footprint (1,343 sqft vs the comp average) plays a role in how the market prices it. At 9 years newer than typical comps, the 2007 build date influences the valuation. With 7 similar homes currently listed in 78717 (a buyer's market), competition is a factor to consider. Prices in 78717 have fallen 3.5% over the last 6 months. A similar home at 15901 Double Eagle DR, Austin TX 78717 carries an adjusted comparable value of $838,799, providing a strong data point. The comp data here (7 sales in 78717) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus