1164 Holmes CT, Austin TX 78702

My analysis of 7 comparable properties puts this home's estimated value at $472,742. Based on how the local market is moving, a list price between $382,000 and $392,000 would position this home well. Buyers shopping in ROSEWOOD right now would see this as a well positioned option among 3 comparable homes. Being 369 sqft smaller than the average comparable sale in this area impacts the per square foot value. At 28 years older than typical comps, the 1970 build date influences the valuation. With 3 similar homes currently listed in ROSEWOOD (a buyer's market), competition is a factor to consider. The 6 month price trend in 78702: risen 0.4%. The best comp here is 1114 Linden ST # 2, Austin TX 78702 at an adjusted value of $371,578, a strong comparable. With 7 comparable sales in ROSEWOOD, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group