1210 Luna ST # 1, Austin TX 78721

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $695,282. I'd recommend coming to market at $470,000 to $480,000 to strike the right balance between value and market velocity. Among the similar homes currently available in CHERNOSKY, this price point stands out as competitive. The smaller floor plan (250 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 2019, this home is 15 years newer than the average comp, which is reflected in the adjustments. With 5 similar homes currently listed in CHERNOSKY (a buyer's market), competition is a factor to consider. The trend in CHERNOSKY shows prices have fallen 31.3% in the past 6 months. 1406 Cometa ST # 1, Austin TX 78721 nearby adjusts to $646,864; 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