2605 E 3rd ST, Austin TX 78702

The estimated value of this property is $335,483, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $206,000 and $216,000. Among the similar homes currently available in CHERNOSKY, this price point stands out as competitive. At 141 sqft smaller than the typical comp, the size difference factors into the valuation. Built in 1942, this home is 11 years older than the average comp, which is reflected in the adjustments. With 4 similar homes currently listed in CHERNOSKY (a buyer's market), competition is a factor to consider. Recent trends in CHERNOSKY show home values have fallen 28.7% since 6 months ago. The most comparable recent sale is 2920 Prado ST, Austin TX 78702, with an adjusted value of $443,912; with a larger floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group