1601 Miriam Ave # 105, Austin TX 78702

Reviewing the most recent comparable transactions, this home's market value falls around $602,680. For a well positioned listing in CHESTNUT COMMONS A CONDO, I'd target the $482,000 to $492,000 range. Against 7 similar active listings in CHESTNUT COMMONS A CONDO, this price point lands at the 3rd least expensive of 7 comparable homes on the market. The 2007 construction puts this home 11 years older than the comp average, a factor in the pricing. At 0.03 acres, the lot is smaller than the 0.11 acre comp average, which factors into pricing. Buyers in CHESTNUT COMMONS A CONDO have 7 comparable options right now, with asking prices between $450,000 and $799,000. Recent trends in 78702 show home values have fallen 2.2% since 6 months ago. The most comparable recent sale is 1601 Miriam Ave # 100, Austin TX 78702, with an adjusted value of $423,907; 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