2601 E 4th ST # B, Austin TX 78702

After reviewing 7 recent transactions in CHERNOSKY M, I estimate this property's value at $590,443. A competitive list price for this home right now would fall in the $410,000 to $420,000 range. This pricing would rank the home as the 2nd most expensive of 5 comparable homes on the market in CHERNOSKY M's current inventory. This home's smaller footprint (662 sqft vs the comp average) plays a role in how the market prices it. At 20 years newer than typical comps, the 2018 build date influences the valuation. Current inventory shows 5 comparable homes in CHERNOSKY M; a buyer's market based on recent absorption. Prices in 78702 have fallen 5.9% over the last 6 months. A similar home at 511 Allen ST, Austin TX 78702 carries an adjusted comparable value of $513,718, providing a strong data point. 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