2608 Berkeley Ave, Austin TX 78745

The market data from 7 similar recent sales in CHERRY CREEK points to a value of approximately $577,535. To sell within a reasonable timeframe at fair market value, the $489,000 to $499,000 range is where I'd position this. In the current CHERRY CREEK market with 5 similar homes available, this price represents the 2nd most expensive of 5 comparable homes on the market. The 223 sqft size difference versus comparable sales is reflected in the adjusted values. Buyers in CHERRY CREEK have 5 comparable options right now, with asking prices between $480,000 and $599,900. In CHERRY CREEK, home values have fallen approximately 7.1% over the past 6 months. One of the strongest data points is 2703 Inridge DR, Austin TX 78745, adjusting to $540,897; with a smaller floor plan. 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