1601 E Cesar Chavez ST # 311, Austin TX 78702

My analysis of 7 comparable properties puts this home's estimated value at $603,223. Based on how the local market is moving, a list price between $394,000 and $404,000 would position this home well. This would position the home competitively among 3 active listings in WATERSTREET LOFTS. At 19 years newer than typical comps, the 2007 build date influences the valuation. The smaller lot (0.02 acres versus the area average of 0.11) contributes to the valuation. There are currently 3 similar homes on the market in WATERSTREET LOFTS, ranging from $399,000 to $499,999. The 6 month price trend in 78702: fallen 6%. The best comp here is 2312 Canterbury St #A, Austin TX 78702 at an adjusted value of $622,096, a strong comparable. With 7 comparable sales in WATERSTREET LOFTS, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group