1601 E Cesar Chavez ST # 309, Austin TX 78702

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $608,248. To generate strong buyer interest while maximizing value, I'd price this between $425,000 and $435,000. In the current WATERSTREET LOFTS market with 4 similar homes available, this price represents the most expensive of 4 comparable homes on the market. At 490 sqft smaller than the typical comp, the size difference factors into the valuation. The 2007 construction puts this home 21 years newer than the comp average, a factor in the pricing. 4 similar homes are currently available in WATERSTREET LOFTS, creating a buyer's market for this price range. The trend in 78702 shows prices have fallen 2.2% in the past 6 months. 2312 Canterbury St #A, Austin TX 78702 nearby adjusts to $590,497; with a larger floor plan. 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