3201 CHERRY LN, Austin TX 78703

The market data from 7 similar recent sales in TOBIN & JOHNSON points to a value of approximately $1,372,461. To sell within a reasonable timeframe at fair market value, the $855,000 to $865,000 range is where I'd position this. With 5 comparable homes on the market in TOBIN & JOHNSON, this price positions the property as the most expensive of 5 comparable homes on the market. Buyers in TOBIN & JOHNSON have 5 comparable options right now, with asking prices between $815,000 and $1,285,000. In TOBIN & JOHNSON, home values have fallen approximately 32.8% over the past 6 months. One of the strongest data points is 3315 Cherry LN, Austin TX 78703, adjusting to $1,514,830; 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