1307 Perez ST, Austin TX 78721

Reviewing the most recent comparable transactions, this home's market value falls around $457,630. For a well positioned listing in CHERNOSKY, I'd target the $382,000 to $392,000 range. In the current CHERNOSKY market with 7 similar homes available, this price represents the 2nd least expensive of 7 comparable homes on the market. The larger floor plan (227 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1930 construction puts this home 65 years older than the comp average, a factor in the pricing. 7 similar homes are currently available in CHERNOSKY, creating a buyer's market for this price range. Recent trends in CHERNOSKY show home values have fallen 31.9% since 6 months ago. The most comparable recent sale is 1615 Deloney ST, Austin TX 78721, with an adjusted value of $472,950; with a smaller floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group