1902 Stanley Ave, Austin TX 78745

After reviewing 7 recent transactions in CHERRY CREEK, I estimate this property's value at $458,343. A competitive list price for this home right now would fall in the $494,000 to $530,000 range. This home's position in the current CHERRY CREEK market: the 4th most expensive of 7 comparable homes on the market among comparable properties. At 6 years older than typical comps, the 1967 build date influences the valuation. With 7 similar homes currently listed in CHERRY CREEK (a balanced market), competition is a factor to consider. Prices in CHERRY CREEK have fallen 10.7% over the last 6 months. A similar home at 2203 Falcon Hill DR, Austin TX 78745 carries an adjusted comparable value of $541,815, providing a strong data point. With 7 comparable sales in CHERRY CREEK, 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