1601 Miriam Ave # 300, Austin TX 78702

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $585,432. To generate strong buyer interest while maximizing value, I'd price this between $509,000 and $519,000. In the current CHESTNUT COMMONS CONDO COMMUNITY market with 3 similar homes available, this price represents the 2nd most expensive of 3 comparable homes on the market. At 137 sqft smaller than the typical comp, the size difference factors into the valuation. The 2007 construction puts this home 7 years older than the comp average, a factor in the pricing. Right now, 3 similar properties are competing for buyers in CHESTNUT COMMONS CONDO COMMUNITY, listed between $509,900 and $669,900. The trend in 78702 shows prices have fallen 2.2% in the past 6 months. 2935 Moss ST # 1, Austin TX 78722 nearby adjusts to $564,625; a strong comparable. 6 comparable transactions in CHESTNUT COMMONS CONDO COMMUNITY 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