1601 Miriam Ave # 221, Austin TX 78702

The comparable sales data (7 recent transactions in CHESTNUT COMMONS) supports an estimated value of $365,297. The data suggests a list price between $180,000 and $190,000 would attract qualified buyers without leaving money on the table. Relative to what's currently available in CHESTNUT COMMONS, this home would be the 0th most expensive of 7 comparable homes on the market. Being built in 2007 (31 years newer than comps) is factored into the value estimate. With 7 similar homes currently listed in CHESTNUT COMMONS (a buyer's market), competition is a factor to consider. Prices in 78702 have fallen 5% over the last 6 months. A similar home at 1601 Miriam Ave # 315, Austin TX 78702 carries an adjusted comparable value of $280,264, providing a strong data point. The strength of this estimate comes from 7 directly comparable sales in CHESTNUT COMMONS. 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