2615 E 3rd ST, Austin TX 78702

Based on 7 closed sales in CHERNOSKY, the data points to a value around $551,754 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $790,000 to $909,000. Buyers shopping in CHERNOSKY right now would see this as a well positioned option among 7 comparable homes. Being 211 sqft larger than the average comparable sale in this area impacts the per square foot value. Being built in 1987 (16 years older than comps) is factored into the value estimate. With 7 similar homes currently listed in CHERNOSKY (a buyer's market), competition is a factor to consider. Market data shows CHERNOSKY prices fallen 31.9% over the last half year. The closest comparable sale, 2902 Gonzales ST # 2, Austin TX 78702 at an adjusted $560,523, is with a larger floor plan. 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