1602 Chestnut Ave # A, Austin TX 78702

The estimated value of this property is $676,149, based on 7 comparable sales within a few blocks. In today's market, I'd bring this home to market somewhere between $791,000 and $799,000. In the current 78702 market with 7 similar homes available, this price represents the most affordable of 7 comparable homes on the market. The 0.00 acre lot (smaller than the 0.11 acre average) is reflected in the estimate. 7 similar homes are currently available in 78702, 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 2004 E 16th ST # B, Austin TX 78702, with an adjusted value of $762,631; a strong comparable. With 7 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