5821 Bolm RD, Austin TX 78721

The market data from 6 similar recent sales in BOLM ROAD ACRES points to a value of approximately $622,963. To sell within a reasonable timeframe at fair market value, the $497,000 to $507,000 range is where I'd position this. With 3 comparable homes on the market in BOLM ROAD ACRES, this price positions the property as the most expensive of 3 comparable homes on the market. The 2006 construction puts this home 38 years newer than the comp average, a factor in the pricing. At 0.14 acres, the lot is larger than the 0.09 acre comp average, which factors into pricing. 3 similar homes are currently available in BOLM ROAD ACRES, creating a buyer's market for this price range. In 78721, home values have fallen approximately 5% over the past 6 months. One of the strongest data points is 1007 Gullett ST, Austin TX 78702, adjusting to $629,062; with a larger floor plan. The 6 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