1601 E Cesar Chavez DR # 210, Austin TX 78702

Reviewing the most recent comparable transactions, this home's market value falls around $765,888. For a well positioned listing in WATERSTREET LOFTS, I'd target the $640,000 to $650,000 range. At this price, the property would be the 2nd most expensive of 7 comparable homes on the market comparable homes currently on the market in WATERSTREET LOFTS. The 2007 construction puts this home 24 years newer than the comp average, a factor in the pricing. At 0.03 acres, the lot is smaller than the 0.13 acre comp average, which factors into pricing. Buyers in WATERSTREET LOFTS have 7 comparable options right now, with asking prices between $625,000 and $899,000. Recent trends in 78702 show home values have fallen 2.2% since 6 months ago. The most comparable recent sale is 1613 Garden ST, Austin TX 78702, with an adjusted value of $886,592; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group