1205 Cometa ST # 1, Austin TX 78721

Reviewing the most recent comparable transactions, this home's market value falls around $649,127. For a well positioned listing in CHERNOSKY, I'd target the $510,000 to $520,000 range. In the current CHERNOSKY market with 3 similar homes available, this price represents the 2nd most expensive of 3 comparable homes on the market. The 287 sqft size difference versus comparable sales is reflected in the adjusted values. The 2018 construction puts this home 5 years older than the comp average, a factor in the pricing. With 3 similar homes currently listed in CHERNOSKY (a buyer's market), competition is a factor to consider. Recent trends in CHERNOSKY show home values have fallen 31.3% since 6 months ago. The most comparable recent sale is 1406 Cometa ST # 1, Austin TX 78721, with an adjusted value of $694,532; with a smaller floor plan. 4 comparable transactions in CHERNOSKY support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group