5703 Burrough DR, Austin TX 78745

Based on 7 closed sales in CHERRY CREEK, the data points to a value around $541,971 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $468,000 to $478,000. This home's position in the current CHERRY CREEK market: the 2nd most expensive of 7 comparable homes on the market among comparable properties. The active market in CHERRY CREEK includes 7 comparable homes priced from $419,900 to $685,000. Market data shows CHERRY CREEK prices fallen 7.1% over the last half year. The closest comparable sale, 5806 Burnhill DR, Austin TX 78745 at an adjusted $653,716, is a strong comparable. 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