1611 Singleton Ave, Austin TX 78702

Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $440,384. I'd recommend coming to market at $299,000 to $309,000 to strike the right balance between value and market velocity. Against 7 similar active listings in GLENWOOD, this price point lands at the 2nd most expensive of 7 comparable homes on the market. At 434 sqft smaller than the typical comp, the size difference factors into the valuation. Built in 1938, this home is 33 years older than the average comp, which is reflected in the adjustments. Current inventory shows 7 comparable homes in GLENWOOD; a balanced market based on recent absorption. The trend in GLENWOOD shows prices have risen 40.9% in the past 6 months. 1606 Singleton Ave, Austin TX 78702 nearby adjusts to $404,100; a strong comparable. Based on 7 relevant data points in GLENWOOD, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX