1408 Ulit Ave # B, Austin TX 78702

The market data from 7 similar recent sales in GLENWOOD points to a value of approximately $627,302. To sell within a reasonable timeframe at fair market value, the $526,000 to $536,000 range is where I'd position this. At this price, the property would be the most expensive of 4 comparable homes on the market comparable homes currently on the market in GLENWOOD. The 397 sqft size difference versus comparable sales is reflected in the adjusted values. The 2019 construction puts this home 17 years newer than the comp average, a factor in the pricing. There are currently 4 similar homes on the market in GLENWOOD, ranging from $479,000 to $765,500. In GLENWOOD, home values have risen approximately 40.9% over the past 6 months. One of the strongest data points is 1407 Cedar Ave # 3, Austin TX 78702, adjusting to $479,334; a strong comparable. The 7 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