5600 Jeff Davis Ave # B, Austin TX 78756

Reviewing the most recent comparable transactions, this home's market value falls around $880,458. For a well positioned listing in BROADACRES, I'd target the $672,000 to $682,000 range. In the current BROADACRES market with 7 similar homes available, this price represents the 2nd most expensive of 7 comparable homes on the market. The 2016 construction puts this home 5 years older than the comp average, a factor in the pricing. At 0.23 acres, the lot is larger than the 0.18 acre comp average, which factors into pricing. With 7 similar homes currently listed in BROADACRES (a balanced market), competition is a factor to consider. The most comparable recent sale is 1912 Romeria DR # B, Austin TX 78757, with an adjusted value of $762,658; with a larger floor plan. The 4 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