3315 Grasshopper DR, Austin TX 78748

The comparable sales data (7 recent transactions in CHERRY CREEK) supports an estimated value of $688,898. The data suggests a list price between $707,000 and $715,000 would attract qualified buyers without leaving money on the table. This would position the home competitively among 3 active listings in CHERRY CREEK. At 366 sqft larger than the typical comp, the size difference factors into the valuation. Lot size matters here: 0.25 acres versus 0.18 for the typical comp. With 3 similar homes currently listed in CHERRY CREEK (a balanced market), competition is a factor to consider. Prices in CHERRY CREEK have fallen 7.1% over the last 6 months. A similar home at 9517 Linkmeadow DR, Austin TX 78748 carries an adjusted comparable value of $637,095, providing a strong data point. The strength of this estimate comes from 7 directly comparable sales in CHERRY CREEK. 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