1703 Cedar Ave, Austin TX 78702

The market data from 7 similar recent sales in GLENWOOD points to a value of approximately $557,813. To sell within a reasonable timeframe at fair market value, the $485,000 to $495,000 range is where I'd position this. In the current GLENWOOD market with 3 similar homes available, this price represents the 2nd most expensive of 3 comparable homes on the market. The 1940 construction puts this home 54 years older than the comp average, a factor in the pricing. There are currently 3 similar homes on the market in GLENWOOD, ranging from $450,000 to $625,000. In GLENWOOD, home values have risen approximately 40.9% over the past 6 months. One of the strongest data points is 1808 Maple Ave, Austin TX 78702, adjusting to $472,475; a strong comparable. 7 comparable transactions in GLENWOOD support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group