1602 Chestnut Ave # A, Austin TX 78702

The estimated value of this property is $826,730, based on 4 comparable sales within a few blocks. In today's market, I'd bring this home to market somewhere between $802,000 and $852,000. With 4 comparable homes on the market in CHESTNUT, this price positions the property as the 2nd least expensive of 4 comparable homes on the market. This home's larger footprint (143 sqft vs the comp average) plays a role in how the market prices it. 4 similar homes are currently available in CHESTNUT, creating a buyer's market for this price range. Recent trends in 78702 show home values have fallen 2.2% since 6 months ago. The most comparable recent sale is 2709 E 13th ST, Austin TX 78702, with an adjusted value of $624,806; with a smaller floor plan. With 4 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group