1406 Walnut Ave, Austin TX 78702

After reviewing 7 recent transactions in GLENWOOD, I estimate this property's value at $425,846. A competitive list price for this home right now would fall in the $489,000 to $499,000 range. This pricing would rank the home as the most affordable of 3 comparable homes on the market in GLENWOOD's current inventory. The smaller floor plan (480 sqft compared to the average comp) is a meaningful differentiator in this price range. At 22 years older than typical comps, the 1948 build date influences the valuation. Current inventory shows 3 comparable homes in GLENWOOD; a balanced market based on recent absorption. Prices in GLENWOOD have risen 40.9% over the last 6 months. A similar home at 1606 Singleton Ave, Austin TX 78702 carries an adjusted comparable value of $405,246, 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