1201 Perez ST, Austin TX 78721

The estimated value of this property is $312,798, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $412,000 and $420,000. In the current CHERNOSKY market with 3 similar homes available, this price represents the most affordable of 3 comparable homes on the market. This home's smaller footprint (293 sqft vs the comp average) plays a role in how the market prices it. The 0.18 acre lot (larger than the 0.15 acre average) is reflected in the estimate. There are currently 3 similar homes on the market in CHERNOSKY, ranging from $329,900 to $425,000. Recent trends in CHERNOSKY show home values have fallen 31.9% since 6 months ago. The most comparable recent sale is 6800 Cruz ST, Austin TX 78741, with an adjusted value of $372,996; a strong comparable. Based on 7 relevant data points in CHERNOSKY, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX