2303 E 17th ST, Austin TX 78702

My analysis of 7 comparable properties puts this home's estimated value at $555,142. Based on how the local market is moving, a list price between $587,000 and $595,000 would position this home well. This home's position in the current GLENWOOD market: the 2nd most expensive of 3 comparable homes on the market among comparable properties. At 9 years older than typical comps, the 1964 build date influences the valuation. The larger lot (0.17 acres versus the area average of 0.14) contributes to the valuation. Right now, 3 similar properties are competing for buyers in GLENWOOD, listed between $450,000 and $625,000. The 6 month price trend in GLENWOOD: risen 40.9%. The best comp here is 2401 E 18th ST, Austin TX 78702 at an adjusted value of $678,932, a strong comparable. With 7 comparable sales in GLENWOOD, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group