4600 Rosedale Ave, Austin TX 78756

The estimated value of this property is $1,474,184, based on 4 comparable sales within a few blocks. In today's market, I'd bring this home to market somewhere between $1,166,000 and $1,176,000. In the current MELROSE TERRACE market with 7 similar homes available, this price represents the 2nd most expensive of 7 comparable homes on the market. The larger floor plan (156 sqft compared to the average comp) is a meaningful differentiator in this price range. Current inventory shows 7 comparable homes in MELROSE TERRACE; a balanced market based on recent absorption. Recent trends in 78756 show home values have fallen 20.5% since 6 months ago. The most comparable recent sale is 4606 Shoalwood Ave, Austin TX 78756, with an adjusted value of $1,777,338; a strong comparable. Based on 4 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