1709 Walnut Ave # 2, Austin TX 78702

Based on 7 closed sales in CHESTNUT, the data points to a value around $506,961 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $336,000 to $346,000. Relative to what's currently available in CHESTNUT, this home would be the most expensive of 5 comparable homes on the market. This home's smaller footprint (128 sqft vs the comp average) plays a role in how the market prices it. Being built in 2019 (8 years newer than comps) is factored into the value estimate. Buyers in CHESTNUT have 5 comparable options right now, with asking prices between $289,900 and $525,000. Market data shows 78702 prices fallen 5.9% over the last half year. The closest comparable sale, 1702 Ulit Ave # 2, Austin TX 78702 at an adjusted $518,775, is a strong comparable. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus