11507 Cherry Hearst CT, Austin TX 78750

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $441,275. I'd recommend coming to market at $454,000 to $507,000 to strike the right balance between value and market velocity. Against 3 similar active listings in TANGLEWOOD ESTATES, this price point lands at the 2nd most expensive of 3 comparable homes on the market. Built in 1986, this home is 6 years newer than the average comp, which is reflected in the adjustments. The 0.21 acre lot (larger than the 0.18 acre average) is reflected in the estimate. Right now, 3 similar properties are competing for buyers in TANGLEWOOD ESTATES, listed between $419,000 and $699,900. The trend in TANGLEWOOD ESTATES shows prices have fallen 1.3% in the past 6 months. 9518 Topridge DR # 7, Austin TX 78750 nearby adjusts to $454,103; with a smaller floor plan. Based on 3 relevant data points in TANGLEWOOD ESTATES, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX