7 recent sales within a few blocks of this address suggest a current value of $1,494,903. My recommended list price range for this property would be $907,000 to $917,000. With 7 comparable homes on the market in ROSEDALE, this price positions the property as the 3rd most expensive of 7 comparable homes on the market. Built in 1937, this home is 11 years older than the average comp, which is reflected in the adjustments. The 0.32 acre lot (larger than the 0.16 acre average) is reflected in the estimate. The active market in ROSEDALE includes 7 comparable homes priced from $865,000 to $2,130,000. In ROSEDALE, home values have fallen approximately 26.3% over the past 6 months. One of the strongest data points is 4616 Ramsey Ave, Austin TX 78756, adjusting to $1,660,456; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only.
Ed Neuhaus, Neuhaus Realty Group
