4800 Ledesma RD, Austin TX 78721

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $374,619. I'd recommend coming to market at $269,000 to $279,000 to strike the right balance between value and market velocity. With 4 comparable homes on the market in CHERNOSKY, this price positions the property as the most expensive of 4 comparable homes on the market. Built in 1952, this home is 20 years older than the average comp, which is reflected in the adjustments. The 0.17 acre lot (larger than the 0.14 acre average) is reflected in the estimate. Right now, 4 similar properties are competing for buyers in CHERNOSKY, listed between $269,000 and $492,500. The trend in CHERNOSKY shows prices have risen 0.8% in the past 6 months. 1207 Luna ST # 2, Austin TX 78721 nearby adjusts to $514,667; a strong comparable. Based on 7 relevant data points in CHERNOSKY, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX