1303 Clifford Ave, Austin TX 78702

After reviewing 7 recent transactions in CHERNOSKY, I estimate this property's value at $356,385. A competitive list price for this home right now would fall in the $464,000 to $494,000 range. This home's position in the current CHERNOSKY market: the most affordable of 7 comparable homes on the market among comparable properties. At 32 years older than typical comps, the 1948 build date influences the valuation. The smaller lot (0.06 acres versus the area average of 0.12) contributes to the valuation. Current inventory shows 7 comparable homes in CHERNOSKY; a buyer's market based on recent absorption. Prices in CHERNOSKY have fallen 15.6% over the last 6 months. A similar home at 2920 Prado ST, Austin TX 78702 carries an adjusted comparable value of $461,304, providing a strong data point. With 7 comparable sales in CHERNOSKY, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group