6714 Canal ST, Austin TX 78741

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $304,250. To generate strong buyer interest while maximizing value, I'd price this between $187,000 and $197,000. With 7 comparable homes on the market in CHERNOSKY, this price positions the property as the 2nd most expensive of 7 comparable homes on the market. Being 105 sqft smaller than the average comparable sale in this area impacts the per square foot value. The 1955 construction puts this home 19 years older than the comp average, a factor in the pricing. Current inventory shows 7 comparable homes in CHERNOSKY; a buyer's market based on recent absorption. The trend in CHERNOSKY shows prices have risen 18.3% in the past 6 months. 2920 Prado ST, Austin TX 78702 nearby adjusts to $488,404; a strong comparable. 7 comparable transactions in CHERNOSKY support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group