3202 Cherry LN, Austin TX 78703

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $1,680,952. To generate strong buyer interest while maximizing value, I'd price this between $1,925,000 and $1,996,000. With 3 comparable homes on the market in TOBIN & JOHNSON, this price positions the property as the 2nd most expensive of 3 comparable homes on the market. This home's smaller footprint (183 sqft vs the comp average) plays a role in how the market prices it. The active market in TOBIN & JOHNSON includes 3 comparable homes priced from $1,600,000 to $2,699,000. The trend in TOBIN & JOHNSON shows prices have fallen 32.8% in the past 6 months. 3210 Enfield RD, Austin TX 78703 nearby adjusts to $1,531,086; with a larger floor plan. The 4 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