3006 Norfolk DR, Austin TX 78745

The comparable sales data (7 recent transactions in CHERRY CREEK) supports an estimated value of $606,298. The data suggests a list price between $417,000 and $427,000 would attract qualified buyers without leaving money on the table. Relative to what's currently available in CHERRY CREEK, this home would be the most expensive of 7 comparable homes on the market. Current inventory shows 7 comparable homes in CHERRY CREEK; a balanced market based on recent absorption. Prices in CHERRY CREEK have risen 2.5% over the last 6 months. A similar home at 7602 Whispering Oaks DR, Austin TX 78745 carries an adjusted comparable value of $693,119, providing a strong data point. The strength of this estimate comes from 7 directly comparable sales in CHERRY CREEK. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group