3615 Wilson ST, Austin TX 78704

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $673,493. I'd recommend coming to market at $582,000 to $592,000 to strike the right balance between value and market velocity. In the current CHERRY HILLS market with 7 similar homes available, this price represents the 2nd least expensive of 7 comparable homes on the market. At 153 sqft larger than the typical comp, the size difference factors into the valuation. Built in 1959, this home is 17 years older than the average comp, which is reflected in the adjustments. There are currently 7 similar homes on the market in CHERRY HILLS, ranging from $565,000 to $995,000. The trend in 78704 shows prices have fallen 2.6% in the past 6 months. 405 Cherry Hill DR, Austin TX 78704 nearby adjusts to $883,905; with a smaller floor plan. Based on 7 relevant data points in CHERRY HILLS, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX