52 Chalmers Ave, Austin TX 78702

The market data from 7 similar recent sales in PAYNE & WILEY points to a value of approximately $736,975. To sell within a reasonable timeframe at fair market value, the $546,000 to $556,000 range is where I'd position this. Against 7 similar active listings in PAYNE & WILEY, this price point lands at the most expensive of 7 comparable homes on the market. The 156 sqft size difference versus comparable sales is reflected in the adjusted values. The 1979 construction puts this home 7 years newer than the comp average, a factor in the pricing. There are currently 7 similar homes on the market in PAYNE & WILEY, ranging from $525,000 to $775,000. In 78702, home values have fallen approximately 2.2% over the past 6 months. One of the strongest data points is 54 Robert T Martinez Jr ST, Austin TX 78702, adjusting to $605,857; a strong comparable. 7 comparable transactions in PAYNE & WILEY 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