1006 Vargas RD # A, Austin TX 78741

Based on 7 closed sales in CHERNOSKY, the data points to a value around $448,199 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $361,000 to $371,000. This pricing would rank the home as the most expensive of 3 comparable homes on the market in CHERNOSKY's current inventory. The larger floor plan (146 sqft compared to the average comp) is a meaningful differentiator in this price range. Being built in 2020 (18 years newer than comps) is factored into the value estimate. Current inventory shows 3 comparable homes in CHERNOSKY; a buyer's market based on recent absorption. Market data shows CHERNOSKY prices fallen 31.9% over the last half year. The closest comparable sale, 704 Valdez ST # B, Austin TX 78741 at an adjusted $377,625, is with a smaller floor plan. The strength of this estimate comes from 7 directly comparable sales in CHERNOSKY. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group