2512 Berwyn CIR, Austin TX 78745

Based on 5 closed sales in CHERRY CREEK, the data points to a value around $662,784 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $468,000 to $478,000. This pricing would rank the home as the 2nd most expensive of 7 comparable homes on the market in CHERRY CREEK's current inventory. At 295 sqft larger than the typical comp, the size difference factors into the valuation. Lot size matters here: 0.30 acres versus 0.27 for the typical comp. Current inventory shows 7 comparable homes in CHERRY CREEK; a balanced market based on recent absorption. Market data shows CHERRY CREEK prices risen 3.5% over the last half year. The closest comparable sale, 6404 Blarwood DR, Austin TX 78745 at an adjusted $828,568, is with a smaller floor plan. The strength of this estimate comes from 5 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