1503 Rockdale CIR, Austin TX 78704

The estimated value of this property is $427,697, based on 7 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $841,000 and $859,000. Among the similar homes currently available in SOUTHRIDGE, this price point stands out as competitive. The 885 sqft size difference versus comparable sales is reflected in the adjusted values. Built in 1976, this home is 9 years older than the average comp, which is reflected in the adjustments. With 7 similar homes currently listed in SOUTHRIDGE (a buyer's market), competition is a factor to consider. Recent trends in SOUTHRIDGE show home values have fallen 83.2% since 6 months ago. The most comparable recent sale is 3819 Southway DR # 105, Austin TX 78704, with an adjusted value of $293,377; with a smaller floor plan. Based on 7 relevant data points in SOUTHRIDGE, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX