5808 Burnhill DR, Austin TX 78745

The market data from 7 similar recent sales in CHERRY CREEK points to a value of approximately $572,066. To sell within a reasonable timeframe at fair market value, the $481,000 to $491,000 range is where I'd position this. In the current CHERRY CREEK market with 4 similar homes available, this price represents the 2nd least expensive of 4 comparable homes on the market. With 4 similar homes currently listed in CHERRY CREEK (a balanced market), competition is a factor to consider. In CHERRY CREEK, home values have risen approximately 5.4% over the past 6 months. One of the strongest data points is 2608 Coatbridge DR, Austin TX 78745, adjusting to $617,467; a strong comparable. 7 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