5703 SE Buffalo PASS, Austin TX 78745

Reviewing the most recent comparable transactions, this home's market value falls around $480,843. For a well positioned listing in CHERRY CREEK, I'd target the $302,000 to $312,000 range. Against 6 similar active listings in CHERRY CREEK, this price point lands at the 2nd most expensive of 6 comparable homes on the market. At 107 sqft smaller than the typical comp, the size difference factors into the valuation. Current inventory shows 6 comparable homes in CHERRY CREEK; a balanced market based on recent absorption. Recent trends in CHERRY CREEK show home values have fallen 7.1% since 6 months ago. The most comparable recent sale is 2329 Campden DR, Austin TX 78745, with an adjusted value of $593,350; a strong comparable. 6 comparable transactions in CHERRY CREEK support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group