Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $678,323. To generate strong buyer interest while maximizing value, I'd price this between $665,000 and $692,000. With 7 comparable homes on the market in CHERNOSKY, this price positions the property as the most expensive of 7 comparable homes on the market. The 2015 construction puts this home 16 years newer than the comp average, a factor in the pricing. At 0.19 acres, the lot is larger than the 0.13 acre comp average, which factors into pricing. Buyers in CHERNOSKY have 7 comparable options right now, with asking prices between $350,000 and $799,000. The trend in CHERNOSKY shows prices have risen 50.3% in the past 6 months. 4907 Mendoza DR, Austin TX 78721 nearby adjusts to $662,189; 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
