2617 E 3rd ST, Austin TX 78702

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $316,981. To generate strong buyer interest while maximizing value, I'd price this between $223,000 and $233,000. Against 3 similar active listings in CHERNOSKY, this price point lands at the 2nd most expensive of 3 comparable homes on the market. The 1942 construction puts this home 31 years older than the comp average, a factor in the pricing. With 3 similar homes currently listed in CHERNOSKY (a buyer's market), competition is a factor to consider. The trend in CHERNOSKY shows prices have fallen 31.9% in the past 6 months. 2904 Castro ST, Austin TX 78702 nearby adjusts to $331,500; with a smaller floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group