3011 Cedarlawn CIR, Austin TX 78723

Based on 7 closed sales in CHERRYLAWN, the data points to a value around $554,442 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $284,000 to $294,000. This pricing would rank the home as the most expensive of 7 comparable homes on the market in CHERRYLAWN's current inventory. Lot size matters here: 0.25 acres versus 0.21 for the typical comp. The active market in CHERRYLAWN includes 7 comparable homes priced from $250,000 to $599,999. Market data shows CHERRYLAWN prices risen 6.3% over the last half year. The closest comparable sale, 3001 Cedarlawn CIR, Austin TX 78723 at an adjusted $596,840, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in CHERRYLAWN. 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