2802 Inridge, Austin TX 78745

After reviewing 7 recent transactions in CHERRY CREEK, I estimate this property's value at $586,540. A competitive list price for this home right now would fall in the $510,000 to $520,000 range. Relative to what's currently available in CHERRY CREEK, this home would be the 2nd most expensive of 5 comparable homes on the market. The 119 sqft size difference versus comparable sales is reflected in the adjusted values. Current inventory shows 5 comparable homes in CHERRY CREEK; a balanced market based on recent absorption. Prices in CHERRY CREEK have fallen 7.1% over the last 6 months. A similar home at 2817 Norfolk DR, Austin TX 78745 carries an adjusted comparable value of $443,990, providing a strong data point. 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