3503 Charles ST, Austin TX 78702

Reviewing the most recent comparable transactions, this home's market value falls around $419,479. For a well positioned listing in CHARLES STREET, I'd target the $530,000 to $538,000 range. With 7 comparable homes on the market in CHARLES STREET, this price positions the property as the 3rd least expensive of 7 comparable homes on the market. The 1961 construction puts this home 7 years newer than the comp average, a factor in the pricing. Current inventory shows 7 comparable homes in CHARLES STREET; a buyer's market based on recent absorption. Recent trends in 78702 show home values have fallen 9.4% since 6 months ago. The most comparable recent sale is 4615 Munson ST, Austin TX 78721, with an adjusted value of $409,726; a strong comparable. The 4 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group