1705 Chestnut Ave # 2, Austin TX 78702

The estimated value of this property is $740,950, based on 7 comparable sales within a few blocks. In today's market, I'd bring this home to market somewhere between $229,000 and $239,000. Among the similar homes currently available in GLENWOOD, this price point stands out as competitive. Being 637 sqft smaller than the average comparable sale in this area impacts the per square foot value. The 0.07 acre lot (smaller than the 0.13 acre average) is reflected in the estimate. Right now, 7 similar properties are competing for buyers in GLENWOOD, listed between $224,990 and $995,000. Recent trends in GLENWOOD show home values have risen 20% since 6 months ago. The most comparable recent sale is 2401 E 18th ST, Austin TX 78702, with an adjusted value of $746,363; with a larger floor plan. 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