4515 Rosedale Ave, Austin TX 78756

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $588,367. To generate strong buyer interest while maximizing value, I'd price this between $499,000 and $509,000. In the current MELROSE TERRACE market with 4 similar homes available, this price represents the 2nd least expensive of 4 comparable homes on the market. At 143 sqft smaller than the typical comp, the size difference factors into the valuation. The 1942 construction puts this home 10 years older than the comp average, a factor in the pricing. There are currently 4 similar homes on the market in MELROSE TERRACE, ranging from $520,000 to $749,000. The trend in 78756 shows prices have fallen 12% in the past 6 months. 4807 Woodview Ave, Austin TX 78756 nearby adjusts to $813,263; with a larger floor plan. 6 comparable transactions in MELROSE TERRACE support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group