1601 Miriam Ave # 109, Austin TX 78702

After adjusting 5 comparable sales for differences in size, age, and features, this home's estimated value is $551,218. Pricing this home between $262,000 and $272,000 would put it in the competitive sweet spot for CHESTNUT COMMONS CONDO COMMUNITY. This home's position in the current CHESTNUT COMMONS CONDO COMMUNITY market: the 2nd least expensive of 7 comparable homes on the market among comparable properties. The smaller floor plan (121 sqft compared to the average comp) is a meaningful differentiator in this price range. At 5 years older than typical comps, the 2007 build date influences the valuation. There are currently 7 similar homes on the market in CHESTNUT COMMONS CONDO COMMUNITY, ranging from $224,990 to $799,000. Market data shows 78702 prices fallen 10.8% over the last half year. The closest comparable sale, 2107 E 13th ST, Austin TX 78702 at an adjusted $671,180, is with a smaller floor plan. The comp data here (5 sales in CHESTNUT COMMONS CONDO COMMUNITY) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus