5613-A Roosevelt Ave, Austin TX 78756

The market data from 4 similar recent sales in 78756 points to a value of approximately $701,251. To sell within a reasonable timeframe at fair market value, the $573,000 to $583,000 range is where I'd position this. With 7 comparable homes on the market in 78756, this price positions the property as the most expensive of 7 comparable homes on the market. At 0.19 acres, the lot is larger than the 0.16 acre comp average, which factors into pricing. Right now, 7 similar properties are competing for buyers in 78756, listed between $525,000 and $848,000. In 78756, home values have fallen approximately 9.7% over the past 6 months. One of the strongest data points is 1503 Richcreek RD # A, Austin TX 78757, adjusting to $615,841; with a smaller floor plan. The 4 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