2712 Jorwoods, Austin TX 78745

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $613,257. Pricing this home between $435,000 and $445,000 would put it in the competitive sweet spot for CHERRY CREEK. This home's position in the current CHERRY CREEK market: the most expensive of 5 comparable homes on the market among comparable properties. The larger floor plan (104 sqft compared to the average comp) is a meaningful differentiator in this price range. Having a pool is a plus; 6 of the 7 comps lacked one. Current inventory shows 5 comparable homes in CHERRY CREEK; a seller's market based on recent absorption. Market data shows CHERRY CREEK prices risen 3.4% over the last half year. The closest comparable sale, 2803 Jorwoods DR, Austin TX 78745 at an adjusted $652,715, is with a smaller floor plan. 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