1308 Perez ST # 1, Austin TX 78721

Reviewing the most recent comparable transactions, this home's market value falls around $597,965. For a well positioned listing in CHERNOSKY, I'd target the $507,000 to $517,000 range. At this price, the property would be the 2nd most expensive of 3 comparable homes on the market comparable homes currently on the market in CHERNOSKY. The 2020 construction puts this home 8 years newer than the comp average, a factor in the pricing. At 0.08 acres, the lot is smaller than the 0.14 acre comp average, which factors into pricing. Right now, 3 similar properties are competing for buyers in CHERNOSKY, listed between $450,000 and $799,900. 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 $617,181; a strong comparable. 7 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