5615 Clay Ave # A, Austin TX 78756

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $1,384,443. Pricing this home between $767,000 and $777,000 would put it in the competitive sweet spot for 78756. Relative to what's currently available in 78756, this home would be the 3rd most expensive of 5 comparable homes on the market. At 10 years older than typical comps, the 2007 build date influences the valuation. Current inventory shows 5 comparable homes in 78756; a balanced market based on recent absorption. Market data shows 78756 prices fallen 9.1% over the last half year. The closest comparable sale, 2004 Alegria RD, Austin TX 78757 at an adjusted $1,429,014, is with a smaller floor plan and a pool. The comp data here (7 sales in 78756) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus