5501 Jim Hogg Ave, Austin TX 78756

The market data from 7 similar recent sales in BROADACRES points to a value of approximately $380,865. To sell within a reasonable timeframe at fair market value, the $206,000 to $216,000 range is where I'd position this. Among the similar homes currently available in BROADACRES, this price point stands out as competitive. At 221 sqft smaller than the typical comp, the size difference factors into the valuation. The 1941 construction puts this home 21 years older than the comp average, a factor in the pricing. 7 similar homes are currently available in BROADACRES, creating a buyer's market for this price range. One of the strongest data points is 5513 Jim Hogg Ave, Austin TX 78756, adjusting to $370,124; with a larger floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group