5705 Clay Ave # A, Austin TX 78756

My analysis of 3 comparable properties puts this home's estimated value at $855,085. Based on how the local market is moving, a list price between $876,000 and $896,000 would position this home well. Relative to what's currently available in BROADACRES, this home would be the most expensive of 3 comparable homes on the market. At 5 years older than typical comps, the 2019 build date influences the valuation. The larger lot (0.28 acres versus the area average of 0.24) contributes to the valuation. Right now, 3 similar properties are competing for buyers in BROADACRES, listed between $769,000 and $899,900. The 6 month price trend in BROADACRES: fallen 35.5%. The best comp here is 2203 Richcreek RD # A, Austin TX 78757 at an adjusted value of $896,230, a strong comparable. The comp data here (3 sales in BROADACRES) 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