2516 E 3rd ST, Austin TX 78702

My analysis of 7 comparable properties puts this home's estimated value at $562,212. Based on how the local market is moving, a list price between $483,000 and $493,000 would position this home well. Buyers shopping in CHERNOSKY M right now would see this as a well positioned option among 3 comparable homes. At 335 sqft smaller than the typical comp, the size difference factors into the valuation. At 28 years older than typical comps, the 1959 build date influences the valuation. Right now, 3 similar properties are competing for buyers in CHERNOSKY M, listed between $475,000 and $607,500. The 6 month price trend in 78702: fallen 2.2%. The best comp here is 511 Allen ST, Austin TX 78702 at an adjusted value of $500,933, a strong comparable. The comp data here (7 sales in CHERNOSKY M) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus