81 Chalmers Ave, Austin TX 78702

Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $610,513. I'd recommend coming to market at $388,000 to $398,000 to strike the right balance between value and market velocity. At this price, the property would be the most expensive of 3 comparable homes on the market comparable homes currently on the market in RIVERSIDE. The smaller floor plan (610 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 1925, this home is 35 years older than the average comp, which is reflected in the adjustments. With 3 similar homes currently listed in RIVERSIDE (a buyer's market), competition is a factor to consider. The trend in RIVERSIDE shows prices have risen 28.3% in the past 6 months. 1602 Canterbury ST, Austin TX 78702 nearby adjusts to $513,887; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group