1108 Fiesta ST, Austin TX 78702

Based on 7 closed sales in GLENMAR, the data points to a value around $501,642 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $377,000 to $387,000. This pricing would rank the home as the 4th most expensive of 7 comparable homes on the market in GLENMAR's current inventory. Being built in 2002 (5 years newer than comps) is factored into the value estimate. Lot size matters here: 0.14 acres versus 0.10 for the typical comp. Current inventory shows 7 comparable homes in GLENMAR; a buyer's market based on recent absorption. Market data shows 78702 prices fallen 4.4% over the last half year. The closest comparable sale, 1182 Sol Wilson Ave, Austin TX 78702 at an adjusted $779,774, is a strong comparable. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus