1415 Chestnut Ave, Austin TX 78702

My analysis of 7 comparable properties puts this home's estimated value at $818,022. Based on how the local market is moving, a list price between $897,000 and $917,000 would position this home well. This would position the home competitively among 5 active listings in GLENWOOD. This home's larger footprint (375 sqft vs the comp average) plays a role in how the market prices it. At 5 years older than typical comps, the 2006 build date influences the valuation. 5 similar homes are currently available in GLENWOOD, creating a balanced market for this price range. The 6 month price trend in GLENWOOD: risen 40.9%. The best comp here is 1600 Singleton Ave, Austin TX 78702 at an adjusted value of $896,750, with a smaller floor plan. With 7 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