Mount Lookout Market Information
Mount Lookout, generally considered one of the area’s more upscale neighborhoods, is located on Cincinnati’s east side overlooking the Ohio River Valley. With mostly older, elegant homes and apartments on tree-lined streets, this community attracts singles, couples, and families alike.
The quiet streets of Mount Lookout, with their wide sidewalks, are a haven for walkers and joggers, as is Ault Park. This 224 acres of green space provides picnic facilities, play areas, and nature trails. Ault Park Pavilion is a popular venue for dances and weddings. Mount Lookout is also home to the Cincinnati Observatory, which houses the oldest working telescope in the country.
Mount Lookout Square is considered the heart of the neighborhood. With a variety of specialty shops and restaurants, the square is a popular nightlife destination. Residents can also take advantage of the unique shopping locations in neighboring Hyde Park.
Mount Lookout is served by the Cincinnati Public School system, giving residents access to several of the area’s premier schools, including Walnut Hills High School, and the highly praised neighborhood elementary school, Kilgour Elementary. The University of Cincinnati and Xavier University are both short drives from Mount Lookout.
Homes in Mount Lookout are valued from around $150,000 to over $1,000,000, with the average price around $300,000. Newer houses and condos provide modern options while maintaining the traditional feel of the neighborhood. Many of the older rehabbed homes offer attractive choices for homebuyers searching for a bargain.
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About Home Valuations
Many popular real estate sites use Automated Valuation Models (AVM) to estimate the price of your home. These models use historical statistics based upon similar homes to determine a price range. Just because two homes may be in the same neighborhood, have the same number of bedrooms, and be the same size does not mean that the prices of the homes will be similar. Many factors go into pricing a home, including the property's condition (both inside AND out), lot characteristics, latest market conditions, amenities, and even intangible factors. Having a real estate professional evaluate your property is the best way to receive the most accurate estimate of your home's value. To receive an estimate for your home, fill out the form above to receive a free, no obligation Comparative Market Analysis (CMA).
Keep in mind that your home is one of the most valuable assets you own. Even if you are not considering the sale of your property, a CMA is a great way to understand the equity you have accumulated in your home, which can be useful for financial planning.