1602 Singleton Ave # A, Austin TX 78702

The market data from 4 similar recent sales in GLENWOOD points to a value of approximately $962,939. To sell within a reasonable timeframe at fair market value, the $1,285,000 to $1,360,000 range is where I'd position this. At this price, the property would be the most affordable of 6 comparable homes on the market comparable homes currently on the market in GLENWOOD. The larger floor plan (168 sqft compared to the average comp) is a meaningful differentiator in this price range. The 2017 construction puts this home 8 years older than the comp average, a factor in the pricing. Current inventory shows 6 comparable homes in GLENWOOD; a balanced market based on recent absorption. In GLENWOOD, home values have risen approximately 40.9% over the past 6 months. One of the strongest data points is 1407 Cedar Ave # 1, Austin TX 78702, adjusting to $846,442; with a smaller floor plan. The 4 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