3209 E Cesar Chavez ST, Austin TX 78702

Reviewing the most recent comparable transactions, this home's market value falls around $638,805. For a well positioned listing in TANNEHILL J, I'd target the $453,000 to $463,000 range. At this price, the property would be the 3rd most expensive of 7 comparable homes on the market comparable homes currently on the market in TANNEHILL J. This home's smaller footprint (604 sqft vs the comp average) plays a role in how the market prices it. The 1952 construction puts this home 46 years older than the comp average, a factor in the pricing. Right now, 7 similar properties are competing for buyers in TANNEHILL J, listed between $420,000 and $1,150,000. Recent trends in 78702 show home values have fallen 2.2% since 6 months ago. The most comparable recent sale is 511 Allen ST, Austin TX 78702, with an adjusted value of $556,586; a strong comparable. The 7 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