2908 Prado ST, Austin TX 78702

Based on 7 closed sales in CHERNOSKY, the data points to a value around $490,208 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $790,000 to $910,000. This would position the home competitively among 7 active listings in CHERNOSKY. This home's larger footprint (426 sqft vs the comp average) plays a role in how the market prices it. Being built in 1944 (37 years older than comps) is factored into the value estimate. Current inventory shows 7 comparable homes in CHERNOSKY; a buyer's market based on recent absorption. 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 $554,794, 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