1809 Chestnut Ave # 2, Austin TX 78702

Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $423,320. I'd recommend coming to market at $415,000 to $432,000 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 48 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 9% in the past 6 months. 1210 Coleto ST, Austin TX 78702 nearby adjusts to $516,593; a strong comparable. Based on 7 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