2909 Cherry LN, Austin TX 78703

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $1,550,864. I'd recommend coming to market at $1,776,000 to $1,976,000 to strike the right balance between value and market velocity. In the current TARRY TOWN market with 4 similar homes available, this price represents the most affordable of 4 comparable homes on the market. The smaller floor plan (190 sqft compared to the average comp) is a meaningful differentiator in this price range. The 0.18 acre lot (larger than the 0.15 acre average) is reflected in the estimate. The active market in TARRY TOWN includes 4 comparable homes priced from $1,600,000 to $2,699,000. The trend in TARRY TOWN shows prices have risen 42.5% in the past 6 months. 2000 Exposition BLVD, Austin TX 78703 nearby adjusts to $1,554,652; a strong comparable. Based on 3 relevant data points in TARRY TOWN, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX