2609 E 3rd ST, Austin TX 78702

Reviewing the most recent comparable transactions, this home's market value falls around $299,894. For a well positioned listing in CHERNOSKY, I'd target the $216,000 to $226,000 range. With 7 comparable homes on the market in CHERNOSKY, this price positions the property as the 3rd least expensive of 7 comparable homes on the market. Being 158 sqft smaller than the average comparable sale in this area impacts the per square foot value. The 1942 construction puts this home 24 years older than the comp average, a factor in the pricing. Right now, 7 similar properties are competing for buyers in CHERNOSKY, listed between $219,000 and $1,150,000. Recent trends in CHERNOSKY show home values have fallen 31.9% since 6 months ago. The most comparable recent sale is 2904 Castro ST, Austin TX 78702, with an adjusted value of $331,500; with a smaller floor plan. 7 comparable transactions in CHERNOSKY support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group