4508 Rosedale Ave, Austin TX 78756

After adjusting 3 comparable sales for differences in size, age, and features, this home's estimated value is $767,281. Pricing this home between $802,000 and $953,000 would put it in the competitive sweet spot for MELROSE TERRACE. This home's position in the current MELROSE TERRACE market: the 3rd most expensive of 6 comparable homes on the market among comparable properties. At 6 years older than typical comps, the 1939 build date influences the valuation. Current inventory shows 6 comparable homes in MELROSE TERRACE; a balanced market based on recent absorption. Market data shows 78756 prices fallen 20.5% over the last half year. The closest comparable sale, 4502 Ramsey Ave, Austin TX 78756 at an adjusted $802,091, is a strong comparable. With 3 comparable sales in MELROSE TERRACE, 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