4804 Ledesma RD # 1, Austin TX 78721

After reviewing 3 recent transactions in CHERNOSKY, I estimate this property's value at $682,882. A competitive list price for this home right now would fall in the $537,000 to $547,000 range. Relative to what's currently available in CHERNOSKY, this home would be the most expensive of 6 comparable homes on the market. This home's smaller footprint (259 sqft vs the comp average) plays a role in how the market prices it. Current inventory shows 6 comparable homes in CHERNOSKY; a buyer's market based on recent absorption. Prices in CHERNOSKY have fallen 15.6% over the last 6 months. A similar home at 1406 Cometa ST # 1, Austin TX 78721 carries an adjusted comparable value of $702,394, providing a strong data point. The comp data here (3 sales in CHERNOSKY) 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