4605 Rosedale Ave, Austin TX 78756

Based on 5 closed sales in MELROSE TERRACE, the data points to a value around $922,677 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $484,000 to $494,000. This pricing would rank the home as the 2nd most expensive of 7 comparable homes on the market in MELROSE TERRACE's current inventory. The 152 sqft size difference versus comparable sales is reflected in the adjusted values. With 7 similar homes currently listed in MELROSE TERRACE (a balanced market), competition is a factor to consider. Market data shows 78756 prices fallen 20.5% over the last half year. The closest comparable sale, 4302 Shoalwood Ave, Austin TX 78756 at an adjusted $846,663, is with a smaller floor plan. This estimate draws on 5 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus