1601 Miriam Ave # 115, Austin TX 78702

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $345,116. To generate strong buyer interest while maximizing value, I'd price this between $163,000 and $173,000. With 7 comparable homes on the market in CHESTNUT COMMONS A CONDO, this price positions the property as 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. The 2007 construction puts this home 22 years newer than the comp average, a factor in the pricing. 7 similar homes are currently available in CHESTNUT COMMONS A CONDO, creating a buyer's market for this price range. The trend in 78702 shows prices have fallen 2.2% in the past 6 months. 1601 Miriam Ave # 315, Austin TX 78702 nearby adjusts to $274,000; a strong comparable. 7 comparable transactions in CHESTNUT COMMONS A CONDO 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