2526 Berkeley Ave, Austin TX 78745

The market data from 7 similar recent sales in CHERRY CREEK points to a value of approximately $588,935. To sell within a reasonable timeframe at fair market value, the $428,000 to $438,000 range is where I'd position this. Among the similar homes currently available in CHERRY CREEK, this price point stands out as competitive. Current inventory shows 7 comparable homes in CHERRY CREEK; a balanced market based on recent absorption. In CHERRY CREEK, home values have fallen approximately 7.1% over the past 6 months. One of the strongest data points is 5806 Burnhill DR, Austin TX 78745, adjusting to $645,760; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group