1606 Cedar Ave # B, Austin TX 78702

Based on 7 closed sales in GLENWOOD, the data points to a value around $697,818 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $684,000 to $712,000. This would position the home competitively among 5 active listings in GLENWOOD. Being 487 sqft smaller than the average comparable sale in this area impacts the per square foot value. Being built in 2026 (31 years newer than comps) is factored into the value estimate. Right now, 5 similar properties are competing for buyers in GLENWOOD, listed between $449,998 and $995,000. Market data shows GLENWOOD prices fallen 29.5% over the last half year. The closest comparable sale, 2401 E 18th ST, Austin TX 78702 at an adjusted $746,816, is with a larger floor plan. The strength of this estimate comes from 7 directly comparable sales in GLENWOOD. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group