5617 Clay Ave # B, Austin TX 78756

The market data from 7 similar recent sales in BROADACRES points to a value of approximately $692,338. To sell within a reasonable timeframe at fair market value, the $848,000 to $1,082,000 range is where I'd position this. At this price, the property would be the most affordable of 5 comparable homes on the market comparable homes currently on the market in BROADACRES. Being 136 sqft larger than the average comparable sale in this area impacts the per square foot value. The 2006 construction puts this home 5 years older than the comp average, a factor in the pricing. With 5 similar homes currently listed in BROADACRES (a balanced market), competition is a factor to consider. In BROADACRES, home values have fallen approximately 4.3% over the past 6 months. One of the strongest data points is 912 Romeria DR # A, Austin TX 78757, adjusting to $605,957; a strong comparable. 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