4805 Richmond Ave # B, Austin TX 78745

The market data from 7 similar recent sales in GLENWOOD SQUARE points to a value of approximately $368,220. To sell within a reasonable timeframe at fair market value, the $156,000 to $166,000 range is where I'd position this. With 7 comparable homes on the market in GLENWOOD SQUARE, this price positions the property as the 2nd most expensive of 7 comparable homes on the market. At 295 sqft smaller than the typical comp, the size difference factors into the valuation. The 1971 construction puts this home 6 years newer than the comp average, a factor in the pricing. Buyers in GLENWOOD SQUARE have 7 comparable options right now, with asking prices between $169,900 and $420,000. In 78745, home values have fallen approximately 5.2% over the past 6 months. One of the strongest data points is 1505 Redd ST, Austin TX 78745, adjusting to $392,536; a strong comparable. 7 comparable transactions in GLENWOOD SQUARE support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group