2515 E 4th ST, Austin TX 78702

The market data from 3 similar recent sales in M E CHERNOSKY points to a value of approximately $602,321. To sell within a reasonable timeframe at fair market value, the $794,000 to $819,000 range is where I'd position this. Against 7 similar active listings in M E CHERNOSKY, this price point lands at the most affordable of 7 comparable homes on the market. With 7 similar homes currently listed in M E CHERNOSKY (a buyer's market), competition is a factor to consider. In 78702, home values have fallen approximately 9% over the past 6 months. One of the strongest data points is 503 Allen ST # 503A, Austin TX 78702, adjusting to $500,345; with a smaller floor plan. The 3 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