3305 Cherrywood RD, Austin TX 78722

The comparable sales data (7 recent transactions in MORLEY) supports an estimated value of $618,399. The data suggests a list price between $459,000 and $469,000 would attract qualified buyers without leaving money on the table. Relative to what's currently available in MORLEY, this home would be the 3rd most expensive of 7 comparable homes on the market. With 7 similar homes currently listed in MORLEY (a balanced market), competition is a factor to consider. Prices in 78722 have risen 3.4% over the last 6 months. A similar home at 1712 Giles ST, Austin TX 78722 carries an adjusted comparable value of $873,362, providing a strong data point. The strength of this estimate comes from 7 directly comparable sales in MORLEY. 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