3319 Hemlock Ave, Austin TX 78722

Based on 6 closed sales in CHERRYWOOD ANNEX, the data points to a value around $671,430 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $538,000 to $548,000. This home's position in the current CHERRYWOOD ANNEX market: the most expensive of 3 comparable homes on the market among comparable properties. Buyers in CHERRYWOOD ANNEX have 3 comparable options right now, with asking prices between $499,000 and $825,000. Market data shows 78722 prices fallen 10.2% over the last half year. The closest comparable sale, 3811 Cherrywood RD, Austin TX 78722 at an adjusted $882,520, is with a smaller floor plan. The strength of this estimate comes from 6 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