3907 Cherrywood RD, Austin TX 78722

The market data from 4 similar recent sales in WILLOW BROOK points to a value of approximately $704,496. To sell within a reasonable timeframe at fair market value, the $869,000 to $904,000 range is where I'd position this. With 3 comparable homes on the market in WILLOW BROOK, this price positions the property as the 2nd most expensive of 3 comparable homes on the market. The pool is a differentiator here, since 3 of 4 comparable sales didn't include one. At 0.37 acres, the lot is larger than the 0.27 acre comp average, which factors into pricing. 3 similar homes are currently available in WILLOW BROOK, creating a buyer's market for this price range. In 78722, home values have fallen approximately 14.3% over the past 6 months. One of the strongest data points is 1200 Bentwood RD, Austin TX 78722, adjusting to $605,662; with no pool. The 4 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group