1601 E Cesar Chavez ST # 102, Austin TX 78702

The market data from 7 similar recent sales in WATERSTREET LOFTS points to a value of approximately $502,392. To sell within a reasonable timeframe at fair market value, the $583,000 to $602,000 range is where I'd position this. In the current WATERSTREET LOFTS market with 3 similar homes available, this price represents the most expensive of 3 comparable homes on the market. At 0.02 acres, the lot is smaller than the 0.05 acre comp average, which factors into pricing. 3 similar homes are currently available in WATERSTREET LOFTS, creating a buyer's market for this price range. In 78702, home values have fallen approximately 2.2% over the past 6 months. One of the strongest data points is 1605 Willow ST # B, Austin TX 78702, adjusting to $601,994; a strong comparable. 7 comparable transactions in WATERSTREET LOFTS 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