2520 E 4th ST, Austin TX 78702

After reviewing 3 recent transactions in CHERNOSKY M, I estimate this property's value at $1,349,456. A competitive list price for this home right now would fall in the $1,076,000 to $1,086,000 range. This home's position in the current CHERNOSKY M market: the 3rd least expensive of 6 comparable homes on the market among comparable properties. Being 336 sqft larger than the average comparable sale in this area impacts the per square foot value. Having a pool is a plus; 2 of the 3 comps lacked one. Current inventory shows 6 comparable homes in CHERNOSKY M; a buyer's market based on recent absorption. Prices in 78702 have fallen 5% over the last 6 months. A similar home at 2819 Garwood ST, Austin TX 78702 carries an adjusted comparable value of $1,748,195, providing a strong data point. The comp data here (3 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