The estimated value of this property is $849,616, based on 3 comparable sales within a few blocks. In today's market, I'd bring this home to market somewhere between $748,000 and $758,000. At this price, the property would be the 3rd least expensive of 7 comparable homes on the market comparable homes currently on the market in GLENWOOD. The 441 sqft size difference versus comparable sales is reflected in the adjusted values. Built in 2005, this home is 9 years older than the average comp, which is reflected in the adjustments. There are currently 7 similar homes on the market in GLENWOOD, ranging from $649,000 to $1,195,000. Recent trends in GLENWOOD show home values have risen 40.9% since 6 months ago. The most comparable recent sale is 1600 Singleton Ave, Austin TX 78702, with an adjusted value of $936,526; with a smaller floor plan. With 3 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only.
Ed Neuhaus, Neuhaus Realty Group