5900 Cherry LOOP # B, Austin TX 78745

My analysis of 7 comparable properties puts this home's estimated value at $338,519. Based on how the local market is moving, a list price between $205,000 and $215,000 would position this home well. Buyers shopping in CHERRY CREEK EAST right now would see this as a well positioned option among 7 comparable homes. The larger lot (0.21 acres versus the area average of 0.16) contributes to the valuation. Current inventory shows 7 comparable homes in CHERRY CREEK EAST; a buyer's market based on recent absorption. The 6 month price trend in 78745: fallen 5.2%. The best comp here is 5802 Cherry PARK, Austin TX 78745 at an adjusted value of $304,361, a strong comparable. The comp data here (7 sales in CHERRY CREEK EAST) 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