The estimated value of this property is $654,305, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $543,000 and $553,000. With 3 comparable homes on the market in ROSEDOWN, this price positions the property as the most expensive of 3 comparable homes on the market. Built in 1958, this home is 6 years newer than the average comp, which is reflected in the adjustments. Right now, 3 similar properties are competing for buyers in ROSEDOWN, listed between $520,000 and $649,900. Recent trends in 78756 show home values have fallen 12% since 6 months ago. The most comparable recent sale is 5010 W Frances PL, Austin TX 78731, with an adjusted value of $614,203; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only.
Ed Neuhaus, Neuhaus Realty Group