2707 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 $545,933. I'd recommend coming to market at $445,000 to $455,000 to strike the right balance between value and market velocity. Among the similar homes currently available in CHERRY CREEK, this price point stands out as competitive. Built in 1988, this home is 5 years newer than the average comp, which is reflected in the adjustments. Current inventory shows 4 comparable homes in CHERRY CREEK; a balanced market based on recent absorption. The trend in CHERRY CREEK shows prices have fallen 7.1% in the past 6 months. 2609 MARKET GARDEN LN, Austin TX 78745 nearby adjusts to $458,388; 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