5609 Roosevelt Ave, Austin TX 78756

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $766,059. I'd recommend coming to market at $835,000 to $892,000 to strike the right balance between value and market velocity. In the current GROVERS PARADISE market with 3 similar homes available, this price represents the 2nd most expensive of 3 comparable homes on the market. Being 131 sqft larger than the average comparable sale in this area impacts the per square foot value. The active market in GROVERS PARADISE includes 3 comparable homes priced from $714,900 to $1,399,000. The trend in 78756 shows prices have fallen 12.8% in the past 6 months. 900 Brentwood ST # A, Austin TX 78757 nearby adjusts to $668,570; a strong comparable. Based on 7 relevant data points in GROVERS PARADISE, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX