2009 Chestnut Ave, Austin TX 78722

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $539,873. To generate strong buyer interest while maximizing value, I'd price this between $352,000 and $362,000. Against 7 similar active listings in SUNRISE, this price point lands at the most expensive of 7 comparable homes on the market. Being 123 sqft smaller than the average comparable sale in this area impacts the per square foot value. At 0.17 acres, the lot is larger than the 0.13 acre comp average, which factors into pricing. Right now, 7 similar properties are competing for buyers in SUNRISE, listed between $325,000 and $995,000. The trend in 78722 shows prices have fallen 14.3% in the past 6 months. 2204 Chestnut Ave, Austin TX 78722 nearby adjusts to $476,895; a strong comparable. 3 comparable transactions in SUNRISE support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group