1601 Miriam Ave # 201, Austin TX 78702

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $557,027. Pricing this home between $273,000 and $283,000 would put it in the competitive sweet spot for CHESTNUT COMMONS CONDO COMMUNITY. Relative to what's currently available in CHESTNUT COMMONS CONDO COMMUNITY, this home would be the 3rd most expensive of 7 comparable homes on the market. At 26 years newer than typical comps, the 2008 build date influences the valuation. The smaller lot (0.06 acres versus the area average of 0.11) contributes to the valuation. The active market in CHESTNUT COMMONS CONDO COMMUNITY includes 7 comparable homes priced from $238,500 to $725,000. Market data shows 78702 prices fallen 5% over the last half year. The closest comparable sale, 1601 Miriam Ave # 304, Austin TX 78702 at an adjusted $476,079, is with a larger floor plan. With 7 comparable sales in CHESTNUT COMMONS CONDO COMMUNITY, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group