1025 Nile ST, Austin TX 78702

The market data from 7 similar recent sales in ROSEWOOD points to a value of approximately $497,443. To sell within a reasonable timeframe at fair market value, the $578,000 to $579,000 range is where I'd position this. At this price, the property would be the 4th most expensive of 7 comparable homes on the market comparable homes currently on the market in ROSEWOOD. The 366 sqft size difference versus comparable sales is reflected in the adjusted values. The 1977 construction puts this home 31 years older than the comp average, a factor in the pricing. 7 similar homes are currently available in ROSEWOOD, creating a buyer's market for this price range. In 78702, home values have fallen approximately 2.9% over the past 6 months. One of the strongest data points is 1181 Ridgeway DR, Austin TX 78702, adjusting to $522,362; 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