1505 Rockdale CIR # B, Austin TX 78704

After reviewing 7 recent transactions in SOUTHRIDGE, I estimate this property's value at $765,495. A competitive list price for this home right now would fall in the $1,028,000 to $1,082,000 range. Relative to what's currently available in SOUTHRIDGE, this home would be the 3rd least expensive of 6 comparable homes on the market. The larger lot (0.24 acres versus the area average of 0.15) contributes to the valuation. The active market in SOUTHRIDGE includes 6 comparable homes priced from $735,000 to $1,399,000. Prices in SOUTHRIDGE have fallen 83.2% over the last 6 months. A similar home at 3610 S 2nd ST, Austin TX 78704 carries an adjusted comparable value of $686,836, 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