5503 Clay Ave # B, Austin TX 78756

Taking into account 3 nearby comparable sales, this property's estimated value comes to $645,975. If we were to list this property today, I'd recommend a list price in the $545,000 to $555,000 range. This home's position in the current BROADACRES market: the 3rd least expensive of 7 comparable homes on the market among comparable properties. At 117 sqft smaller than the typical comp, the size difference factors into the valuation. Lot size matters here: 0.20 acres versus 0.14 for the typical comp. The active market in BROADACRES includes 7 comparable homes priced from $539,000 to $925,000. The 6 month price trend in BROADACRES: fallen 4.3%. The best comp here is 1503 Richcreek RD # A, Austin TX 78757 at an adjusted value of $581,896, a strong comparable. The strength of this estimate comes from 3 directly comparable sales in BROADACRES. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group