5508 Roosevelt Ave, Austin TX 78756

After adjusting 3 comparable sales for differences in size, age, and features, this home's estimated value is $469,245. Pricing this home between $237,000 and $247,000 would put it in the competitive sweet spot for 78756. Relative to what's currently available in 78756, this home would be the most expensive of 7 comparable homes on the market. The larger lot (0.20 acres versus the area average of 0.16) contributes to the valuation. Right now, 7 similar properties are competing for buyers in 78756, listed between $227,500 and $399,900. Market data shows 78756 prices fallen 18.4% over the last half year. The closest comparable sale, 1911 Palo Duro RD, Austin TX 78757 at an adjusted $429,420, is a strong comparable. The comp data here (3 sales in 78756) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus