2912 Govalle Ave, Austin TX 78702

Based on 4 closed sales in CHERICO, the data points to a value around $596,940 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $472,000 to $482,000. This pricing would rank the home as the 2nd least expensive of 7 comparable homes on the market in CHERICO's current inventory. At 153 sqft smaller than the typical comp, the size difference factors into the valuation. 7 similar homes are currently available in CHERICO, creating a buyer's market for this price range. Market data shows 78702 prices risen 1.5% over the last half year. The closest comparable sale, 1100 Brass ST # 2, Austin TX 78702 at an adjusted $664,730, is a strong comparable. The strength of this estimate comes from 4 directly comparable sales in CHERICO. 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