1110 1/2 Fiesta ST, Austin TX 78702

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $411,095. To generate strong buyer interest while maximizing value, I'd price this between $259,000 and $269,000. With 7 comparable homes on the market in GLENMAR, this price positions the property as the 3rd most expensive of 7 comparable homes on the market. The smaller floor plan (461 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1958 construction puts this home 25 years older than the comp average, a factor in the pricing. 7 similar homes are currently available in GLENMAR, creating a buyer's market for this price range. The trend in 78702 shows prices have fallen 1.5% in the past 6 months. 1181 Ridgeway DR, Austin TX 78702 nearby adjusts to $414,667; with a larger floor plan. 7 comparable transactions in GLENMAR support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group