3303 Govalle Ave # 2, Austin TX 78702

After reviewing 4 recent transactions in CHERICO, I estimate this property's value at $685,652. A competitive list price for this home right now would fall in the $762,000 to $768,000 range. Buyers shopping in CHERICO right now would see this as a well positioned option among 5 comparable homes. The larger lot (0.22 acres versus the area average of 0.15) contributes to the valuation. Current inventory shows 5 comparable homes in CHERICO; a buyer's market based on recent absorption. Prices in 78702 have fallen 2.4% over the last 6 months. A similar home at 1123 3/4 Gunter ST # 2, Austin TX 78702 carries an adjusted comparable value of $840,986, providing a strong data point. The comp data here (4 sales in CHERICO) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus