2705 Alderwood DR, Austin TX 78745

Based on 6 closed sales in CHERRY CREEK RESU, the data points to a value around $560,735 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $591,000 to $607,000. This would position the home competitively among 3 active listings in CHERRY CREEK RESU. Being 121 sqft larger than the average comparable sale in this area impacts the per square foot value. There are currently 3 similar homes on the market in CHERRY CREEK RESU, ranging from $430,000 to $725,000. Market data shows 78745 prices risen 1.3% over the last half year. The closest comparable sale, 6609 Krollton DR, Austin TX 78745 at an adjusted $607,095, is with a smaller floor plan. The strength of this estimate comes from 6 directly comparable sales in CHERRY CREEK RESU. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group