Based on 7 closed sales in GLENWOOD, the data points to a value around $298,352 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $314,000 to $317,000. This home's position in the current GLENWOOD market: the 3rd least expensive of 6 comparable homes on the market among comparable properties. This home's smaller footprint (111 sqft vs the comp average) plays a role in how the market prices it. The active market in GLENWOOD includes 6 comparable homes priced from $274,550 to $329,900. Market data shows GLENWOOD prices risen 20% over the last half year. The closest comparable sale, 120 Hawkins CT, Hutto TX 78634 at an adjusted $295,954, is with a larger floor plan. The strength of this estimate comes from 7 directly comparable sales in GLENWOOD. 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