2403 E 13th, Austin TX 78702

Reviewing the most recent comparable transactions, this home's market value falls around $582,523. For a well positioned listing in GLENWOOD, I'd target the $248,000 to $258,000 range. Against 7 similar active listings in GLENWOOD, this price point lands at the 2nd most expensive of 7 comparable homes on the market. The 167 sqft size difference versus comparable sales is reflected in the adjusted values. The 1940 construction puts this home 39 years older than the comp average, a factor in the pricing. Current inventory shows 7 comparable homes in GLENWOOD; a balanced market based on recent absorption. Recent trends in GLENWOOD show home values have risen 40.9% since 6 months ago. The most comparable recent sale is 1407 Cedar Ave # 3, Austin TX 78702, with an adjusted value of $516,937; with a smaller floor plan. 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