2401 E 17th ST # B, Austin TX 78702

Reviewing the most recent comparable transactions, this home's market value falls around $490,272. For a well positioned listing in GLENWOOD, I'd target the $480,000 to $500,000 range. In the current GLENWOOD market with 7 similar homes available, this price represents the most expensive of 7 comparable homes on the market. The smaller floor plan (396 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.00 acres, the lot is smaller than the 0.14 acre comp average, which factors into pricing. 7 similar homes are currently available in GLENWOOD, creating a buyer's market for this price range. Recent trends in GLENWOOD show home values have fallen 29.5% since 6 months ago. The most comparable recent sale is 2603 E 14th ST, Austin TX 78702, with an adjusted value of $469,340; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group