3003 CEDARLAWN CIR, Austin TX 78723

My analysis of 7 comparable properties puts this home's estimated value at $530,013. Based on how the local market is moving, a list price between $285,000 and $295,000 would position this home well. Relative to what's currently available in CHERRYLAWN, this home would be the 3rd most expensive of 7 comparable homes on the market. The larger lot (0.26 acres versus the area average of 0.21) contributes to the valuation. Right now, 7 similar properties are competing for buyers in CHERRYLAWN, listed between $275,000 and $624,900. The 6 month price trend in 78723: fallen 1.2%. The best comp here is 3102 Berrylawn CIR, Austin TX 78723 at an adjusted value of $495,429, a strong comparable. The comp data here (7 sales in CHERRYLAWN) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus