1101 Cherico ST, Austin TX 78702

Taking into account 5 nearby comparable sales, this property's estimated value comes to $401,557. If we were to list this property today, I'd recommend a list price in the $232,000 to $242,000 range. This would position the home competitively among 7 active listings in CHERICO. Lot size matters here: 0.26 acres versus 0.18 for the typical comp. With 7 similar homes currently listed in CHERICO (a buyer's market), competition is a factor to consider. The 6 month price trend in 78702: risen 3%. The best comp here is 1114 Linden ST # 2, Austin TX 78702 at an adjusted value of $389,593, with a smaller floor plan. The strength of this estimate comes from 5 directly comparable sales in CHERICO. 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