Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $534,464. To generate strong buyer interest while maximizing value, I'd price this between $604,000 and $629,000. Against 7 similar active listings in CHERRY CREEK, this price point lands at the 3rd least expensive of 7 comparable homes on the market. With 7 similar homes currently listed in CHERRY CREEK (a balanced market), competition is a factor to consider. The trend in CHERRY CREEK shows prices have risen 6.9% in the past 6 months. 9329 Bradner DR, Austin TX 78748 nearby adjusts to $512,462; a strong comparable. The 3 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
