In this ongoing series, real-estate analytics site NeighborhoodX is taking a close look at sales price asking ranges, per square foot, in different Austin neighborhoods.
Today's focus is the Rosedale neighborhood, a wonkily shaped area in north central Austin, bordered by parts of Burnet Road and Lamar Boulevard, approximately between West 38th Street and North Loop Boulevard West/Hancock Drive.
The average listing price in the neighborhood is $381 per square foot; however, the individual listings that make up this average range from $275/square foot (3902 Peterson Avenue #106, a 617-square-foot condo asking $174,900—down from $283/square foot) to $511/square foot (4103 Ridgelea Drive, a 1948 single-family home on the market for $565,000).
An interesting aspect of the study is the number of listings in this neighborhood that were converted to include accessory apartments—perhaps a couple of efficiency apartments or a studio apartment in or above a garage.