5614 Clay Ave # 1, Austin TX 78756

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $553,559. To generate strong buyer interest while maximizing value, I'd price this between $790,000 and $823,000. At this price, the property would be the most affordable of 7 comparable homes on the market comparable homes currently on the market in BROADACRES. The 1935 construction puts this home 14 years older than the comp average, a factor in the pricing. At 0.12 acres, the lot is smaller than the 0.16 acre comp average, which factors into pricing. Buyers in BROADACRES have 7 comparable options right now, with asking prices between $574,000 and $925,000. The trend in BROADACRES shows prices have fallen 4.3% in the past 6 months. 1711 Payne Ave, Austin TX 78757 nearby adjusts to $736,524; a strong comparable. 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