2307 Falcon Hill DR, Austin TX 78745

After reviewing 7 recent transactions in CHERRY CREEK, I estimate this property's value at $573,225. A competitive list price for this home right now would fall in the $666,000 to $681,000 range. This home's position in the current CHERRY CREEK market: the most affordable of 4 comparable homes on the market among comparable properties. The larger lot (0.33 acres versus the area average of 0.28) contributes to the valuation. Right now, 4 similar properties are competing for buyers in CHERRY CREEK, listed between $575,000 and $799,000. Prices in CHERRY CREEK have risen 6.9% over the last 6 months. A similar home at 5911 West Gate BLVD, Austin TX 78745 carries an adjusted comparable value of $509,076, providing a strong data point. The comp data here (7 sales in CHERRY CREEK) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus