1403 E Cesar Chavez ST, Austin TX 78702

Reviewing the most recent comparable transactions, this home's market value falls around $679,308. For a well positioned listing in WELCH, I'd target the $484,000 to $494,000 range. In the current WELCH market with 7 similar homes available, this price represents the 3rd most expensive of 7 comparable homes on the market. Being 498 sqft larger than the average comparable sale in this area impacts the per square foot value. The 1925 construction puts this home 43 years older than the comp average, a factor in the pricing. Current inventory shows 7 comparable homes in WELCH; a buyer's market based on recent absorption. The most comparable recent sale is 1610 Garden ST, Austin TX 78702, with an adjusted value of $731,381; a strong comparable. 7 comparable transactions in WELCH 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