5905 Cherry LOOP, Austin TX 78745

Reviewing the most recent comparable transactions, this home's market value falls around $459,182. For a well positioned listing in CHERRY CREEK EAST, I'd target the $314,000 to $324,000 range. In the current CHERRY CREEK EAST market with 6 similar homes available, this price represents the 3rd least expensive of 6 comparable homes on the market. The 120 sqft size difference versus comparable sales is reflected in the adjusted values. Right now, 6 similar properties are competing for buyers in CHERRY CREEK EAST, listed between $285,000 and $674,999. Recent trends in 78745 show home values have fallen 5.2% since 6 months ago. The most comparable recent sale is 5405 Hunters GLN, Austin TX 78745, with an adjusted value of $515,274; a strong comparable. 7 comparable transactions in CHERRY CREEK EAST 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