1601 Miriam Ave # 120, Austin TX 78702

Taking into account 7 nearby comparable sales, this property's estimated value comes to $381,332. If we were to list this property today, I'd recommend a list price in the $164,000 to $174,000 range. 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. At 195 sqft smaller than the typical comp, the size difference factors into the valuation. Being built in 2007 (24 years newer than comps) is factored into the value estimate. Current inventory shows 7 comparable homes in CHESTNUT COMMONS A CONDO; a buyer's market based on recent absorption. The 6 month price trend in 78702: fallen 7.1%. The best comp here is 1601 Miriam Ave # 315, Austin TX 78702 at an adjusted value of $280,332, a strong comparable. The strength of this estimate comes from 7 directly comparable sales in CHESTNUT COMMONS A CONDO. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group