5903 Burrough DR, Austin TX 78745

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $526,246. Pricing this home between $561,000 and $563,000 would put it in the competitive sweet spot for CHERRY CREEK. Buyers shopping in CHERRY CREEK right now would see this as a well positioned option among 4 comparable homes. The larger floor plan (244 sqft compared to the average comp) is a meaningful differentiator in this price range. 4 similar homes are currently available in CHERRY CREEK, creating a balanced market for this price range. Market data shows CHERRY CREEK prices risen 5.4% over the last half year. The closest comparable sale, 2303 Harwick DR, Austin TX 78745 at an adjusted $505,350, is with a smaller floor plan. With 7 comparable sales in CHERRY CREEK, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group