2201 FALCON HILL DR, Austin TX 78745

Based on 7 closed sales in CHERRY CREEK II, the data points to a value around $488,527 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $358,000 to $368,000. Buyers shopping in CHERRY CREEK II right now would see this as a well positioned option among 7 comparable homes. Lot size matters here: 0.00 acres versus 0.32 for the typical comp. Right now, 7 similar properties are competing for buyers in CHERRY CREEK II, listed between $350,000 and $1,150,000. Market data shows 78745 prices risen 2% over the last half year. The closest comparable sale, 2013 Amur DR, Austin TX 78745 at an adjusted $429,156, is with a smaller floor plan. The strength of this estimate comes from 7 directly comparable sales in CHERRY CREEK II. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group