5609 Jim Hogg Ave, Austin TX 78756

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $752,639. To generate strong buyer interest while maximizing value, I'd price this between $505,000 and $515,000. With 7 comparable homes on the market in BROADACRES, this price positions the property as the 4th most expensive of 7 comparable homes on the market. The larger floor plan (158 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1974 construction puts this home 23 years newer 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. The trend in BROADACRES shows prices have fallen 22.5% in the past 6 months. 5513 Jim Hogg Ave, Austin TX 78756 nearby adjusts to $515,567; with a smaller 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