2601 E 3rd ST, Austin TX 78702

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $330,055. Pricing this home between $185,000 and $195,000 would put it in the competitive sweet spot for CHERNOSKY. Relative to what's currently available in CHERNOSKY, this home would be the 3rd most expensive of 7 comparable homes on the market. At 26 years older than typical comps, the 1970 build date influences the valuation. The larger lot (0.18 acres versus the area average of 0.13) contributes to the valuation. Current inventory shows 7 comparable homes in CHERNOSKY; a buyer's market based on recent absorption. Market data shows CHERNOSKY prices fallen 31.9% over the last half year. The closest comparable sale, 6800 Cruz ST, Austin TX 78741 at an adjusted $389,043, is a strong comparable. The comp data here (7 sales in CHERNOSKY) 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