1206 Walnut Ave, Austin TX 78702

After reviewing 7 recent transactions in GLENWOOD, I estimate this property's value at $405,865. A competitive list price for this home right now would fall in the $316,000 to $326,000 range. Relative to what's currently available in GLENWOOD, this home would be the 2nd most expensive of 3 comparable homes on the market. This home's smaller footprint (744 sqft vs the comp average) plays a role in how the market prices it. At 30 years older than typical comps, the 1940 build date influences the valuation. Right now, 3 similar properties are competing for buyers in GLENWOOD, listed between $335,000 and $899,000. Prices in GLENWOOD have risen 40.9% over the last 6 months. A similar home at 2603 E 14th ST, Austin TX 78702 carries an adjusted comparable value of $425,520, providing a strong data point. The comp data here (7 sales in GLENWOOD) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus