2305 Brookhill DR, Austin TX 78745

Based on 7 closed sales in CHERRY CREEK, the data points to a value around $506,716 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $438,000 to $448,000. Relative to what's currently available in CHERRY CREEK, this home would be the most expensive of 5 comparable homes on the market. Lot size matters here: 0.26 acres versus 0.22 for the typical comp. 5 similar homes are currently available in CHERRY CREEK, creating a balanced market for this price range. Market data shows CHERRY CREEK prices fallen 7.1% over the last half year. The closest comparable sale, 2611 Coatbridge DR, Austin TX 78745 at an adjusted $589,909, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in CHERRY CREEK. 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