2928 Norfolk DR, Austin TX 78745

Reviewing the most recent comparable transactions, this home's market value falls around $617,563. For a well positioned listing in CHERRY CREEK, I'd target the $395,000 to $405,000 range. Against 7 similar active listings in CHERRY CREEK, this price point lands at the 3rd most expensive of 7 comparable homes on the market. There are currently 7 similar homes on the market in CHERRY CREEK, ranging from $407,449 to $660,000. Recent trends in CHERRY CREEK show home values have fallen 7.1% since 6 months ago. The most comparable recent sale is 2810 Goldbridge DR, Austin TX 78745, with an adjusted value of $597,994; 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