Based on 7 closed sales in CHERNOSKY, the data points to a value around $417,361 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $595,000 to $596,000. This home's position in the current CHERNOSKY market: the 2nd least expensive of 7 comparable homes on the market among comparable properties. Being built in 2002 (36 years newer than comps) is factored into the value estimate. Right now, 7 similar properties are competing for buyers in CHERNOSKY, listed between $339,999 and $689,000. Market data shows CHERNOSKY prices fallen 31.9% over the last half year. The closest comparable sale, 1615 Deloney ST, Austin TX 78721 at an adjusted $506,335, is a strong comparable. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help.
Ed Neuhaus