5514 Roosevelt Ave # A, Austin TX 78756

My analysis of 6 comparable properties puts this home's estimated value at $385,102. Based on how the local market is moving, a list price between $458,000 and $535,000 would position this home well. Relative to what's currently available in 78756, this home would be the most affordable of 3 comparable homes on the market. The smaller lot (0.00 acres versus the area average of 0.09) contributes to the valuation. Current inventory shows 3 comparable homes in 78756; a balanced market based on recent absorption. The 6 month price trend in 78756: fallen 13.6%. The best comp here is 2000 Cullen Ave # 9, Austin TX 78757 at an adjusted value of $290,007, a strong comparable. With 6 comparable sales in 78756, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group