1710 Cherry Orchard DR, Austin TX 78745

My analysis of 7 comparable properties puts this home's estimated value at $346,921. Based on how the local market is moving, a list price between $364,000 and $420,000 would position this home well. This would position the home competitively among 4 active listings in CHERRY MEADOWS. Being 406 sqft smaller than the average comparable sale in this area impacts the per square foot value. The smaller lot (0.16 acres versus the area average of 0.19) contributes to the valuation. Current inventory shows 4 comparable homes in CHERRY MEADOWS; a buyer's market based on recent absorption. The 6 month price trend in 78745: fallen 5.2%. The best comp here is 1705 Cherry Meadow CIR, Austin TX 78745 at an adjusted value of $195,654, a strong comparable. With 7 comparable sales in CHERRY MEADOWS, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group