5602 Jeff Davis Ave, Austin TX 78756

The market data from 7 similar recent sales in BROADACRES points to a value of approximately $702,197. To sell within a reasonable timeframe at fair market value, the $767,000 to $795,000 range is where I'd position this. Against 5 similar active listings in BROADACRES, this price point lands at the 3rd most expensive of 5 comparable homes on the market. The 1948 construction puts this home 7 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. Buyers in BROADACRES have 5 comparable options right now, with asking prices between $599,000 and $799,500. In BROADACRES, home values have fallen approximately 4.3% over the past 6 months. One of the strongest data points is 1207 Dwyce DR, Austin TX 78757, adjusting to $553,591; a strong comparable. 7 comparable transactions in BROADACRES support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group