1305 Cedar Ave, Austin TX 78702

After reviewing 4 recent transactions in GLENWOOD, I estimate this property's value at $932,024. A competitive list price for this home right now would fall in the $1,237,000 to $1,256,000 range. This home's position in the current GLENWOOD market: the 2nd least expensive of 6 comparable homes on the market among comparable properties. The larger floor plan (158 sqft compared to the average comp) is a meaningful differentiator in this price range. At 9 years older than typical comps, the 2016 build date influences the valuation. 6 similar homes are currently available in GLENWOOD, creating a balanced market for this price range. Prices in GLENWOOD have risen 40.9% over the last 6 months. A similar home at 1605 Cedar Ave, Austin TX 78702 carries an adjusted comparable value of $876,947, providing a strong data point. With 4 comparable sales in GLENWOOD, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group