2400 Rockmoor Ave, Austin TX 78703

Based on 3 closed sales in 78703, the data points to a value around $1,779,449 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $1,266,000 to $1,276,000. This pricing would rank the home as the 2nd most expensive of 7 comparable homes on the market in 78703's current inventory. At 436 sqft larger than the typical comp, the size difference factors into the valuation. Being built in 1957 (6 years older than comps) is factored into the value estimate. With 7 similar homes currently listed in 78703 (a buyer's market), competition is a factor to consider. Market data shows 78703 prices fallen 8.9% over the last half year. The closest comparable sale, 3500 Taylors DR, Austin TX 78703 at an adjusted $2,070,335, is with a smaller floor plan and a pool. This estimate draws on 3 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus