1601 Miriam Ave # 107, Austin TX 78702

The market data from 6 similar recent sales in CHESTNUT COMMONS A CONDO points to a value of approximately $581,452. To sell within a reasonable timeframe at fair market value, the $508,000 to $518,000 range is where I'd position this. Among the similar homes currently available in CHESTNUT COMMONS A CONDO, this price point stands out as competitive. This home's smaller footprint (141 sqft vs the comp average) plays a role in how the market prices it. The 2007 construction puts this home 7 years older than the comp average, a factor in the pricing. Current inventory shows 3 comparable homes in CHESTNUT COMMONS A CONDO; a buyer's market based on recent absorption. In 78702, home values have fallen approximately 2.6% over the past 6 months. One of the strongest data points is 1601 Miriam Ave # 100, Austin TX 78702, adjusting to $459,102; a strong comparable. The 6 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