1126 Linden ST # 2, Austin TX 78702

The market data from 7 similar recent sales in CHERICO points to a value of approximately $569,171. To sell within a reasonable timeframe at fair market value, the $433,000 to $443,000 range is where I'd position this. With 7 comparable homes on the market in CHERICO, this price positions the property as the most expensive of 7 comparable homes on the market. At 344 sqft smaller than the typical comp, the size difference factors into the valuation. The 2017 construction puts this home 24 years newer than the comp average, a factor in the pricing. Buyers in CHERICO have 7 comparable options right now, with asking prices between $429,999 and $660,000. In 78702, home values have fallen approximately 1.4% over the past 6 months. One of the strongest data points is 3101 Govalle Ave # 308, Austin TX 78702, adjusting to $497,237; 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