5408 Roosevelt Ave, Austin TX 78756

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $530,557. To generate strong buyer interest while maximizing value, I'd price this between $563,000 and $573,000. In the current NORTH LOOP TERRACE market with 4 similar homes available, this price represents the most expensive of 4 comparable homes on the market. The 1941 construction puts this home 9 years older than the comp average, a factor in the pricing. Current inventory shows 4 comparable homes in NORTH LOOP TERRACE; a balanced market based on recent absorption. The trend in 78756 shows prices have fallen 20.5% in the past 6 months. 1316 Arcadia Ave, Austin TX 78757 nearby adjusts to $580,794; a strong comparable. The 7 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