4513 Rosedale Ave, Austin TX 78756

Taking into account 7 nearby comparable sales, this property's estimated value comes to $1,288,542. If we were to list this property today, I'd recommend a list price in the $1,565,000 to $1,611,000 range. This home's position in the current MELROSE TERRACE market: the 3rd least expensive of 7 comparable homes on the market among comparable properties. Being built in 1939 (11 years older than comps) is factored into the value estimate. Lot size matters here: 0.16 acres versus 0.23 for the typical comp. Right now, 7 similar properties are competing for buyers in MELROSE TERRACE, listed between $1,100,000 and $2,200,000. The 6 month price trend in 78756: fallen 15.6%. The best comp here is 4512 Ramsey Ave, Austin TX 78756 at an adjusted value of $1,318,332, a strong comparable. The strength of this estimate comes from 7 directly comparable sales in MELROSE TERRACE. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group