2601 EDENWOOD DR, Austin TX 78745

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $543,510. I'd recommend coming to market at $609,000 to $650,000 to strike the right balance between value and market velocity. In the current CHERRY CREEK market with 3 similar homes available, this price represents the 2nd most expensive of 3 comparable homes on the market. At 137 sqft larger than the typical comp, the size difference factors into the valuation. With 3 similar homes currently listed in CHERRY CREEK (a balanced market), competition is a factor to consider. The trend in CHERRY CREEK shows prices have risen 6.9% in the past 6 months. 2515 Aldford DR, Austin TX 78745 nearby adjusts to $488,880; with a larger floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group