2921 E 16th ST # 1, Austin TX 78702

Based on 3 closed sales in CHERNOSKY, the data points to a value around $607,699 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $876,000 to $1,072,000. This home's position in the current CHERNOSKY market: the 2nd least expensive of 7 comparable homes on the market among comparable properties. Being 234 sqft smaller than the average comparable sale in this area impacts the per square foot value. Right now, 7 similar properties are competing for buyers in CHERNOSKY, listed between $550,000 and $1,200,000. Market data shows CHERNOSKY prices risen 55.5% over the last half year. The closest comparable sale, 2806 Prado ST, Austin TX 78702 at an adjusted $621,553, is with a larger floor plan. The strength of this estimate comes from 3 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