2813 Norfolk DR, Austin TX 78745

The market data from 7 similar recent sales in CHERRY CREEK points to a value of approximately $535,318. To sell within a reasonable timeframe at fair market value, the $602,000 to $621,000 range is where I'd position this. In the current CHERRY CREEK market with 7 similar homes available, this price represents the 3rd least expensive of 7 comparable homes on the market. The 1983 construction puts this home 7 years newer than the comp average, a factor in the pricing. Buyers in CHERRY CREEK have 7 comparable options right now, with asking prices between $499,000 and $670,000. In CHERRY CREEK, home values have risen approximately 5.4% over the past 6 months. One of the strongest data points is 2803 Nordham DR, Austin TX 78745, adjusting to $621,212; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group