1601 Miriam Ave # 116, Austin TX 78702

Reviewing the most recent comparable transactions, this home's market value falls around $364,165. 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. This home's smaller footprint (191 sqft vs the comp average) plays a role in how the market prices it. The 2007 construction puts this home 23 years newer than the comp average, a factor in the pricing. 7 similar homes are currently available in CHESTNUT COMMONS A CONDO, creating a buyer's market for this price range. Recent trends in 78702 show home values have fallen 7.8% 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. 7 comparable transactions in CHESTNUT COMMONS A CONDO 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