2703 CHENEY CV, Austin TX 78745

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $447,579. I'd recommend coming to market at $550,000 to $599,000 to strike the right balance between value and market velocity. In the current CHERRY CREEK market with 5 similar homes available, this price represents the most affordable of 5 comparable homes on the market. This home's larger footprint (109 sqft vs the comp average) plays a role in how the market prices it. The 0.00 acre lot (smaller than the 0.19 acre average) is reflected in the estimate. The active market in CHERRY CREEK includes 5 comparable homes priced from $550,000 to $725,000. The trend in CHERRY CREEK shows prices have fallen 10.7% in the past 6 months. 8612 Piney Creek BND, Austin TX 78745 nearby adjusts to $287,823; a strong comparable. Based on 7 relevant data points in CHERRY CREEK, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX