1405 Perez ST, Austin TX 78721

The market data from 7 similar recent sales in CHERNOSKY points to a value of approximately $291,860. To sell within a reasonable timeframe at fair market value, the $212,000 to $222,000 range is where I'd position this. Among the similar homes currently available in CHERNOSKY, this price point stands out as competitive. The smaller floor plan (259 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1910 construction puts this home 40 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. In CHERNOSKY, home values have risen approximately 37.5% over the past 6 months. One of the strongest data points is 2904 Castro ST, Austin TX 78702, adjusting to $269,348; 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