5705 Cherry CV, Austin TX 78745

Taking into account 7 nearby comparable sales, this property's estimated value comes to $382,619. If we were to list this property today, I'd recommend a list price in the $272,000 to $282,000 range. This home's position in the current CHERRY CREEK EAST market: the 4th most expensive of 7 comparable homes on the market among comparable properties. Lot size matters here: 0.20 acres versus 0.16 for the typical comp. The active market in CHERRY CREEK EAST includes 7 comparable homes priced from $285,000 to $499,000. The 6 month price trend in 78745: fallen 5.2%. The best comp here is 511 Ramble LN, Austin TX 78745 at an adjusted value of $504,381, a strong comparable. The strength of this estimate comes from 7 directly comparable sales in CHERRY CREEK EAST. 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