1601 Miriam # 119, Austin TX 78702

Reviewing the most recent comparable transactions, this home's market value falls around $343,272. For a well positioned listing in CHESTNUT COMMONS A CONDO, I'd target the $157,000 to $167,000 range. With 7 comparable homes on the market in CHESTNUT COMMONS A CONDO, this price positions the property as the most expensive of 7 comparable homes on the market. The 2007 construction puts this home 23 years newer than the comp average, a factor in the pricing. The active market in CHESTNUT COMMONS A CONDO includes 7 comparable homes priced from $170,000 to $395,000. Recent trends in 78702 show home values have fallen 10.3% since 6 months ago. The most comparable recent sale is 1601 Miriam Ave # 315, Austin TX 78702, with an adjusted value of $274,000; 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