1809 Chestnut Ave # 2, Austin TX 78702

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $432,895. I'd recommend coming to market at $424,000 to $442,000 to strike the right balance between value and market velocity. In the current 78702 market with 3 similar homes available, this price represents the most expensive of 3 comparable homes on the market. Built in 2018, this home is 5 years newer than the average comp, which is reflected in the adjustments. 3 similar homes are currently available in 78702, creating a buyer's market for this price range. The trend in 78702 shows prices have fallen 2.2% in the past 6 months. 1609 Walnut Ave # B, Austin TX 78702 nearby adjusts to $458,737; with a larger floor plan. Based on 3 relevant data points in 78702, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX