2901 Norfolk DR, Austin TX 78745

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $560,290. I'd recommend coming to market at $376,000 to $386,000 to strike the right balance between value and market velocity. At this price, the property would be the 2nd most expensive of 7 comparable homes on the market comparable homes currently on the market in CHERRY CREEK. Built in 1983, this home is 5 years newer than the average comp, which is reflected in the adjustments. Buyers in CHERRY CREEK have 7 comparable options right now, with asking prices between $418,880 and $660,000. The trend in CHERRY CREEK shows prices have fallen 7.1% in the past 6 months. 2803 Nordham DR, Austin TX 78745 nearby adjusts to $596,878; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group