1601 Miriam Ave # 118, Austin TX 78702

The comparable sales data (7 recent transactions in CHESTNUT COMMONS A CONDO) supports an estimated value of $345,083. The data suggests a list price between $163,000 and $173,000 would attract qualified buyers without leaving money on the table. Relative to what's currently available in CHESTNUT COMMONS A CONDO, this home would be the most expensive of 7 comparable homes on the market. This home's smaller footprint (125 sqft vs the comp average) plays a role in how the market prices it. Being built in 2007 (22 years newer than comps) is factored into the value estimate. 7 similar homes are currently available in CHESTNUT COMMONS A CONDO, creating a buyer's market for this price range. Prices in 78702 have fallen 2.2% over the last 6 months. A similar home at 1601 Miriam Ave # 315, Austin TX 78702 carries an adjusted comparable value of $274,000, providing a strong data point. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus