Ed's Opinion of Value

$180,410 Ed's Estimate: $325,908 $435,448
Lowest Comp Recommended List: $256,000 to $266,000 Highest Comp
Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $325,908. To generate strong buyer interest while maximizing value, I'd price this between $256,000 and $266,000. Against 7 similar active listings in CHERNOSKY, this price point lands at the most expensive of 7 comparable homes on the market. At 0.09 acres, the lot is smaller than the 0.12 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. The trend in CHERNOSKY shows prices have fallen 15.6% in the past 6 months. 802 Valdez ST # B, Austin TX 78741 nearby adjusts to $333,325; 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
3 Beds
3 Baths
1,100 Sq Ft
0.086 Acres

Location

Property Details

Property Type Residential
County Travis
MLS # 5709014

Listing History

MLS# 5709014 3 days
May 20, 2021 Off Market
Jan 12, 2021 Listed $410,000

Frequently Asked Questions About 903 Vargas RD # B, Austin TX 78741

How much does 903 Vargas RD # B, Austin TX 78741 cost?

903 Vargas RD # B, Austin TX 78741 sold on May 20, 2021. Contact us for sale price details.

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