2706 Cheney CV, Austin TX 78745

The market data from 4 similar recent sales in CHERRY CREEK points to a value of approximately $325,989. To sell within a reasonable timeframe at fair market value, the $206,000 to $216,000 range is where I'd position this. Against 7 similar active listings in CHERRY CREEK, this price point lands at the 3rd least expensive of 7 comparable homes on the market. At 0.16 acres, the lot is larger than the 0.12 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in CHERRY CREEK; a balanced market based on recent absorption. In CHERRY CREEK, home values have fallen approximately 9.8% over the past 6 months. One of the strongest data points is 3008 Siskin DR, Austin TX 78745, adjusting to $355,253; a strong comparable. The 4 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