2919 E 16th ST, Austin TX 78702

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $395,682. I'd recommend coming to market at $619,000 to $620,000 to strike the right balance between value and market velocity. Among the similar homes currently available in CHERNOSKY, this price point stands out as competitive. The larger floor plan (136 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 2002, this home is 35 years newer than the average comp, which is reflected in the adjustments. There are currently 7 similar homes on the market in CHERNOSKY, ranging from $450,000 to $650,000. The trend in CHERNOSKY shows prices have fallen 31.9% in the past 6 months. 1615 Deloney ST, Austin TX 78721 nearby adjusts to $524,038; a strong comparable. Based on 7 relevant data points in CHERNOSKY, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX