1709 Perez ST # 1, Austin TX 78721

Reviewing the most recent comparable transactions, this home's market value falls around $665,249. For a well positioned listing in CHERNOSKY, I'd target the $645,000 to $685,000 range. With 3 comparable homes on the market in CHERNOSKY, this price positions the property as the 2nd most expensive of 3 comparable homes on the market. The smaller floor plan (308 sqft compared to the average comp) is a meaningful differentiator in this price range. The 2018 construction puts this home 5 years older than the comp average, a factor in the pricing. The active market in CHERNOSKY includes 3 comparable homes priced from $625,000 to $850,000. Recent trends in CHERNOSKY show home values have fallen 30.2% since 6 months ago. The most comparable recent sale is 1406 Cometa ST # 1, Austin TX 78721, with an adjusted value of $695,987; with a smaller floor plan. The 5 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