3207 Cherrywood RD, Austin TX 78722

Taking into account 7 nearby comparable sales, this property's estimated value comes to $654,294. If we were to list this property today, I'd recommend a list price in the $261,000 to $271,000 range. This pricing would rank the home as the most expensive of 3 comparable homes on the market in DIVISION's current inventory. Being built in 1950 (18 years newer than comps) is factored into the value estimate. Lot size matters here: 0.18 acres versus 0.12 for the typical comp. 3 similar homes are currently available in DIVISION, creating a buyer's market for this price range. The 6 month price trend in DIVISION: risen 57.7%. The best comp here is 1909 E 14th ST, Austin TX 78702 at an adjusted value of $704,022, with a smaller floor plan. The strength of this estimate comes from 7 directly comparable sales in DIVISION. 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