2805 Cornish CIR, Austin TX 78745

After reviewing 7 recent transactions in CHERRY CREEK, I estimate this property's value at $498,655. A competitive list price for this home right now would fall in the $380,000 to $390,000 range. This home's position in the current CHERRY CREEK market: the 2nd most expensive of 7 comparable homes on the market among comparable properties. Current inventory shows 7 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 2701 Coatbridge DR, Austin TX 78745 carries an adjusted comparable value of $415,904, providing a strong data point. With 7 comparable sales in CHERRY CREEK, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group