1601 E Cesar Chavez ST # 207, Austin TX 78702

Based on 7 closed sales in WATERSTREET LOFTS, the data points to a value around $626,223 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $410,000 to $420,000. Buyers shopping in WATERSTREET LOFTS right now would see this as a well positioned option among 3 comparable homes. The smaller floor plan (186 sqft compared to the average comp) is a meaningful differentiator in this price range. Being built in 2007 (32 years newer than comps) is factored into the value estimate. Current inventory shows 3 comparable homes in WATERSTREET LOFTS; a buyer's market based on recent absorption. Market data shows 78702 prices fallen 1.8% over the last half year. The closest comparable sale, 2312 Canterbury St #A, Austin TX 78702 at an adjusted $619,306, is a strong comparable. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus