7 recent sales in the surrounding area of this address suggest a current value of $400,182. My recommended list price range for this property would be $518,000 to $538,000. In the current CHERNOSKY market with 6 similar homes available, this price represents the most affordable of 6 comparable homes on the market. Built in 2004, this home is 11 years newer than the average comp, which is reflected in the adjustments. The 0.19 acre lot (larger than the 0.13 acre average) is reflected in the estimate. Right now, 6 similar properties are competing for buyers in CHERNOSKY, listed between $425,000 and $590,000. In CHERNOSKY, home values have fallen approximately 31.9% over the past 6 months. One of the strongest data points is 1207 Luna ST # 2, Austin TX 78721, adjusting to $549,515; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only.
Ed Neuhaus, Neuhaus Realty Group