1311 Cometa ST, Austin TX 78721

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $754,511. To generate strong buyer interest while maximizing value, I'd price this between $423,000 and $433,000. Against 7 similar active listings in CHERNOSKY, this price point lands at the 4th most expensive of 7 comparable homes on the market. Being 138 sqft larger than the average comparable sale in this area impacts the per square foot value. The 2003 construction puts this home 10 years older than the comp average, a factor in the pricing. Current inventory shows 7 comparable homes in CHERNOSKY; a buyer's market based on recent absorption. The trend in CHERNOSKY shows prices have fallen 31.9% in the past 6 months. 4712 Reyes ST # 1, Austin TX 78721 nearby adjusts to $613,814; with a larger 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