1407 Singleton Ave, Austin TX 78702

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $858,663. To generate strong buyer interest while maximizing value, I'd price this between $1,220,000 and $1,272,000. With 6 comparable homes on the market in GLENWOOD, this price positions the property as the most affordable of 6 comparable homes on the market. This home's larger footprint (196 sqft vs the comp average) plays a role in how the market prices it. The 2019 construction puts this home 6 years older than the comp average, a factor in the pricing. Right now, 6 similar properties are competing for buyers in GLENWOOD, listed between $825,000 and $1,399,000. The trend in GLENWOOD shows prices have risen 40.9% in the past 6 months. 1407 Cedar Ave # 1, Austin TX 78702 nearby adjusts to $840,872; with a smaller floor plan. The 3 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group