2704 NORFOLK DR, Austin TX 78745

My analysis of 7 comparable properties puts this home's estimated value at $577,931. Based on how the local market is moving, a list price between $658,000 and $683,000 would position this home well. This home's position in the current CHERRY CREEK market: the 4th most expensive of 7 comparable homes on the market among comparable properties. The larger lot (0.22 acres versus the area average of 0.18) contributes to the valuation. The active market in CHERRY CREEK includes 7 comparable homes priced from $499,000 to $685,000. The 6 month price trend in CHERRY CREEK: fallen 7.1%. The best comp here is 7602 Whispering Oaks DR, Austin TX 78745 at an adjusted value of $702,702, a strong comparable. The comp data here (7 sales in CHERRY CREEK) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus