1602 Cedar Ave, Austin TX 78702

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $492,588. Pricing this home between $307,000 and $317,000 would put it in the competitive sweet spot for GLENWOOD. Buyers shopping in GLENWOOD right now would see this as a well positioned option among 4 comparable homes. Being 114 sqft smaller than the average comparable sale in this area impacts the per square foot value. At 28 years older than typical comps, the 1945 build date influences the valuation. Current inventory shows 4 comparable homes in GLENWOOD; a balanced market based on recent absorption. Market data shows GLENWOOD prices risen 40.9% over the last half year. The closest comparable sale, 2603 E 14th ST, Austin TX 78702 at an adjusted $535,680, is with a smaller floor plan. 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