2805 Bobby LN, Austin TX 78745

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $525,323. Pricing this home between $455,000 and $465,000 would put it in the competitive sweet spot for CHERRY CREEK. This pricing would rank the home as the 3rd least expensive of 6 comparable homes on the market in CHERRY CREEK's current inventory. 6 similar homes are currently available in CHERRY CREEK, creating a balanced market for this price range. Market data shows CHERRY CREEK prices fallen 7.1% over the last half year. The closest comparable sale, 3308 Silk Oak DR, Austin TX 78748 at an adjusted $580,753, is a strong comparable. 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