2103 Greenwood Ave, Austin TX 78723

Based on 7 closed sales in 78723, the data points to a value around $680,677 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $483,000 to $493,000. Relative to what's currently available in 78723, this home would be the most expensive of 5 comparable homes on the market. Lot size matters here: 0.28 acres versus 0.09 for the typical comp. The active market in 78723 includes 5 comparable homes priced from $475,000 to $648,000. Market data shows 78723 prices fallen 0.7% over the last half year. The closest comparable sale, 2209 Palo Pinto DR # A, Austin TX 78723 at an adjusted $760,682, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in 78723. 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