5800 Cherry CRK, Austin TX 78745

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $661,921. Pricing this home between $549,000 and $559,000 would put it in the competitive sweet spot for CHERRY CREEK. Relative to what's currently available in CHERRY CREEK, this home would be the 2nd most expensive of 7 comparable homes on the market. This home's larger footprint (125 sqft vs the comp average) plays a role in how the market prices it. Having a pool is a plus; 6 of the 7 comps lacked one. 7 similar homes are currently available in CHERRY CREEK, creating a balanced market for this price range. Market data shows CHERRY CREEK prices fallen 7.1% over the last half year. The closest comparable sale, 5702 Cherry Creek DR, Austin TX 78745 at an adjusted $852,003, is with no pool. The comp data here (7 sales in CHERRY CREEK) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus