745 Cherico ST, Austin TX 78702

The market data from 5 similar recent sales in LATTIMORE points to a value of approximately $486,717. To sell within a reasonable timeframe at fair market value, the $353,000 to $363,000 range is where I'd position this. With 3 comparable homes on the market in LATTIMORE, this price positions the property as the 2nd most expensive of 3 comparable homes on the market. The 1940 construction puts this home 6 years older than the comp average, a factor in the pricing. The active market in LATTIMORE includes 3 comparable homes priced from $375,000 to $639,957. In 78702, home values have fallen approximately 0.7% over the past 6 months. One of the strongest data points is 2612 Canterbury ST, Austin TX 78702, adjusting to $626,877; a strong comparable. The 5 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