3308 Hemlock Ave, Austin TX 78722

The comparable sales data (7 recent transactions in CHERRYWOOD ANNEX) supports an estimated value of $379,733. The data suggests a list price between $311,000 and $321,000 would attract qualified buyers without leaving money on the table. Relative to what's currently available in CHERRYWOOD ANNEX, this home would be the 2nd least expensive of 4 comparable homes on the market. With 4 similar homes currently listed in CHERRYWOOD ANNEX (a balanced market), competition is a factor to consider. Prices in 78722 have fallen 9.4% over the last 6 months. A similar home at 3804 Tower View CT, Austin TX 78723 carries an adjusted comparable value of $267,600, providing a strong data point. The strength of this estimate comes from 7 directly comparable sales in CHERRYWOOD ANNEX. 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