4519 Ramsey Ave, Austin TX 78756

Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $721,782. I'd recommend coming to market at $757,000 to $905,000 to strike the right balance between value and market velocity. With 6 comparable homes on the market in MELROSE TERRACE, this price positions the property as the 3rd most expensive of 6 comparable homes on the market. Built in 1939, this home is 6 years older than the average comp, which is reflected in the adjustments. Buyers in MELROSE TERRACE have 6 comparable options right now, with asking prices between $625,000 and $1,125,000. The trend in 78756 shows prices have fallen 20.5% in the past 6 months. 4501 Sinclair Ave, Austin TX 78756 nearby adjusts to $723,539; a strong comparable. Based on 3 relevant data points in MELROSE TERRACE, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX