2614 E 3rd ST, Austin TX 78702

Based on 7 closed sales in CHERNOSKY, the data points to a value around $404,697 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $582,000 to $590,000. This pricing would rank the home as the most affordable of 7 comparable homes on the market in CHERNOSKY's current inventory. At 503 sqft larger than the typical comp, the size difference factors into the valuation. Being built in 1940 (52 years older than comps) is factored into the value estimate. The active market in CHERNOSKY includes 7 comparable homes priced from $450,000 to $995,000. Market data shows CHERNOSKY prices fallen 31.9% over the last half year. The closest comparable sale, 1406 Cometa ST # 1, Austin TX 78721 at an adjusted $581,813, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in CHERNOSKY. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group