2616 Coatbridge DR, Austin TX 78745

The market data from 7 similar recent sales in CHERRY CREEK points to a value of approximately $623,631. To sell within a reasonable timeframe at fair market value, the $473,000 to $483,000 range is where I'd position this. Against 3 similar active listings in CHERRY CREEK, this price point lands at the most expensive of 3 comparable homes on the market. At 131 sqft larger than the typical comp, the size difference factors into the valuation. Current inventory shows 3 comparable homes in CHERRY CREEK; a balanced market based on recent absorption. In CHERRY CREEK, home values have risen approximately 6.9% over the past 6 months. One of the strongest data points is 6101 Bridlington CIR, Austin TX 78745, adjusting to $755,668; a strong comparable. 7 comparable transactions in CHERRY CREEK support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group