1402 Cedar Ave, Austin TX 78702

The estimated value of this property is $421,315, based on 7 comparable sales within a few blocks. In today's market, I'd bring this home to market somewhere between $193,000 and $203,000. With 7 comparable homes on the market in GLENWOOD, this price positions the property as the most expensive of 7 comparable homes on the market. The smaller floor plan (730 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 1963, this home is 7 years older than the average comp, which is reflected in the adjustments. Buyers in GLENWOOD have 7 comparable options right now, with asking prices between $209,000 and $425,000. Recent trends in GLENWOOD show home values have risen 40.9% since 6 months ago. The most comparable recent sale is 1606 Singleton Ave, Austin TX 78702, with an adjusted value of $377,100; with a larger floor plan. Based on 7 relevant data points in GLENWOOD, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX