Westwood Market Information
Westwood was founded in the early 1800’s when tradesmen and professionals began to build homes in the area to escape the smoke and smells of the city. Many of Cincinnati’s wealthy business owners, such as James Gamble, founder of Proctor and Gamble, built homes in Westwood.
Westwood has been featured by Cincinnati Magazine as one of the best neighborhoods in the area, labeled as one of the West Side’s trendy areas. Much of Westwood was built for walking, with tree-lined streets and beautiful views.
Many of the neighborhood business are within walking distance, including several that have been part of the community for generations. The heart of Westwood contains a collection of buildings which are on the National Register of Historic Places, including the Westwood Town Hall, Fire House, and the renovated Westwood Library. The Westwood Civic Association works to maintain the historic look and feel of the business district.
In addition to the local shopping, Westwood is minutes away from larger shopping areas such as the Western Hills Plaza. There are several large playgrounds in the neighborhood, with sports fields, tennis courts, and swimming pools. It adjoins the 1,500-acre Mt. Airy forest with miles of hiking and horse trails, picnic areas, and playgrounds.
Home prices in Westwood range from around $300,000 to under $100,000. The average home price is around $95,000, making Westwood one of the area’s most affordable neighborhoods. With a variety of homes, from older, classic homes to newer homes, like those from the 2004 Citirama, this neighborhood has something for everyone.
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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.