2509 E 4th ST, Austin TX 78702

Reviewing the most recent comparable transactions, this home's market value falls around $474,168. For a well positioned listing in CHERNOSKY M, I'd target the $506,000 to $507,000 range. Against 4 similar active listings in CHERNOSKY M, this price point lands at the 2nd least expensive of 4 comparable homes on the market. At 447 sqft smaller than the typical comp, the size difference factors into the valuation. The 1943 construction puts this home 43 years older than the comp average, a factor in the pricing. 4 similar homes are currently available in CHERNOSKY M, creating a buyer's market for this price range. Recent trends in 78702 show home values have fallen 1.1% since 6 months ago. The most comparable recent sale is 2507 Diaz ST, Austin TX 78702, with an adjusted value of $372,570; with a smaller floor plan. 7 comparable transactions in CHERNOSKY M 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