5 recent sales within half a mile of this address suggest a current value of $522,877. My recommended list price range for this property would be $507,000 to $539,000. With 3 comparable homes on the market in CHERRY CREEK, this price positions the property as the most affordable of 3 comparable homes on the market. At 127 sqft larger than the typical comp, the size difference factors into the valuation. Built in 1965, this home is 5 years older than the average comp, which is reflected in the adjustments. Buyers in CHERRY CREEK have 3 comparable options right now, with asking prices between $550,000 and $775,000. In CHERRY CREEK, home values have fallen approximately 1.1% over the past 6 months. One of the strongest data points is 2510 Coatbridge DR, Austin TX 78745, adjusting to $513,159; a strong comparable. Based on 5 relevant data points in CHERRY CREEK, 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