2711 Bobby LN, Austin TX 78745

My analysis of 5 comparable properties puts this home's estimated value at $514,781. Based on how the local market is moving, a list price between $400,000 and $410,000 would position this home well. Relative to what's currently available in CHERRY CREEK, this home would be the 2nd most expensive of 5 comparable homes on the market. At 6 years newer than typical comps, the 1988 build date influences the valuation. The larger lot (0.22 acres versus the area average of 0.19) contributes to the valuation. 5 similar homes are currently available in CHERRY CREEK, creating a balanced market for this price range. The 6 month price trend in CHERRY CREEK: risen 5.4%. The best comp here is 7504 Whispering Oaks DR, Austin TX 78745 at an adjusted value of $613,382, with a larger floor plan. The comp data here (5 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