4602 Rosedale Ave, Austin TX 78756

The market data from 5 similar recent sales in MELROSE TERRACE points to a value of approximately $1,201,147. To sell within a reasonable timeframe at fair market value, the $870,000 to $880,000 range is where I'd position this. In the current MELROSE TERRACE market with 7 similar homes available, this price represents the 3rd most expensive of 7 comparable homes on the market. At 123 sqft larger than the typical comp, the size difference factors into the valuation. 7 similar homes are currently available in MELROSE TERRACE, creating a balanced market for this price range. In 78756, home values have fallen approximately 9.7% over the past 6 months. One of the strongest data points is 4903 Shoal Creek BLVD, Austin TX 78756, adjusting to $1,165,569; with a smaller floor plan. 5 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