2923 E 14th 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 $341,096. I'd recommend coming to market at $195,000 to $205,000 to strike the right balance between value and market velocity. In the current CHERNOSKY market with 3 similar homes available, this price represents the most expensive of 3 comparable homes on the market. Built in 1951, this home is 32 years older than the average comp, which is reflected in the adjustments. The 0.10 acre lot (smaller than the 0.13 acre average) is reflected in the estimate. Current inventory shows 3 comparable homes in CHERNOSKY; a buyer's market based on recent absorption. The trend in CHERNOSKY shows prices have fallen 31.9% in the past 6 months. 2904 Castro ST, Austin TX 78702 nearby adjusts to $332,308; with a smaller floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group