4607 ROSEDALE Ave, Austin TX 78756

The market data from 3 similar recent sales in MELROSE TERRACE points to a value of approximately $838,069. To sell within a reasonable timeframe at fair market value, the $618,000 to $628,000 range is where I'd position this. At this price, the property would be the most expensive of 6 comparable homes on the market comparable homes currently on the market in MELROSE TERRACE. The 1941 construction puts this home 5 years older than the comp average, a factor in the pricing. There are currently 6 similar homes on the market in MELROSE TERRACE, ranging from $525,000 to $1,075,000. In 78756, home values have fallen approximately 12% over the past 6 months. One of the strongest data points is 4502 Ramsey Ave, Austin TX 78756, adjusting to $805,466; a strong comparable. The 3 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group