714 E Ramos ST, Austin TX 78702

The market data from 7 similar recent sales in CHERNOSKY points to a value of approximately $346,574. To sell within a reasonable timeframe at fair market value, the $535,000 to $582,000 range is where I'd position this. Against 7 similar active listings in CHERNOSKY, this price point lands at the most affordable of 7 comparable homes on the market. The 1952 construction puts this home 7 years older than the comp average, a factor in the pricing. At 0.23 acres, the lot is larger than the 0.14 acre comp average, which factors into pricing. With 7 similar homes currently listed in CHERNOSKY (a buyer's market), competition is a factor to consider. In CHERNOSKY, home values have fallen approximately 31.9% over the past 6 months. One of the strongest data points is 1615 Deloney ST, Austin TX 78721, adjusting to $452,596; a strong comparable. The 7 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