1805 E 16th ST # B, Austin TX 78702

Reviewing the most recent comparable transactions, this home's market value falls around $751,312. For a well positioned listing in CHESTNUT, I'd target the $813,000 to $842,000 range. In the current CHESTNUT market with 7 similar homes available, this price represents the 3rd least expensive of 7 comparable homes on the market. The larger floor plan (130 sqft compared to the average comp) is a meaningful differentiator in this price range. Buyers in CHESTNUT have 7 comparable options right now, with asking prices between $659,000 and $899,000. Recent trends in 78702 show home values have fallen 4.7% since 6 months ago. The most comparable recent sale is 2709 E 13th ST, Austin TX 78702, with an adjusted value of $575,227; a strong comparable. The 6 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group