1505 Rockdale CIR # A, Austin TX 78704

After reviewing 7 recent transactions in SOUTHRIDGE, I estimate this property's value at $817,351. A competitive list price for this home right now would fall in the $809,000 to $856,000 range. This pricing would rank the home as the 2nd most expensive of 7 comparable homes on the market in SOUTHRIDGE's current inventory. Being 100 sqft smaller than the average comparable sale in this area impacts the per square foot value. The larger lot (0.24 acres versus the area average of 0.17) contributes to the valuation. 7 similar homes are currently available in SOUTHRIDGE, creating a buyer's market for this price range. Prices in SOUTHRIDGE have fallen 83.2% over the last 6 months. A similar home at 3707 Birch ST # A, Austin TX 78704 carries an adjusted comparable value of $701,898, providing a strong data point. With 7 comparable sales in SOUTHRIDGE, 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