2007 Chestnut Ave # 1, Austin TX 78722

Based on 7 closed sales in SUNRISE, the data points to a value around $935,150 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $822,000 to $832,000. This would position the home competitively among 4 active listings in SUNRISE. A pool adds market appeal. Only 7 minus 6 of the comps had one. Lot size matters here: 0.18 acres versus 0.14 for the typical comp. With 4 similar homes currently listed in SUNRISE (a buyer's market), competition is a factor to consider. Market data shows 78722 prices fallen 11.5% over the last half year. The closest comparable sale, 1405 Singleton Ave, Austin TX 78702 at an adjusted $1,279,264, is with a larger floor plan. 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