1204 Singleton Ave, Austin TX 78702

Reviewing the most recent comparable transactions, this home's market value falls around $350,925. For a well positioned listing in CHESTNUT, I'd target the $194,000 to $204,000 range. In the current CHESTNUT market with 7 similar homes available, this price represents the 3rd most expensive of 7 comparable homes on the market. The 1920 construction puts this home 31 years older than the comp average, a factor in the pricing. At 0.14 acres, the lot is larger than the 0.10 acre comp average, which factors into pricing. 7 similar homes are currently available in CHESTNUT, creating a buyer's market for this price range. Recent trends in 78702 show home values have fallen 5.9% since 6 months ago. The most comparable recent sale is 1303 Walnut Ave, Austin TX 78702, with an adjusted value of $440,774; a strong comparable. 7 comparable transactions in CHESTNUT 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