6302 London DR, Austin TX 78745

The market data from 7 similar recent sales in CHERRY CREEK points to a value of approximately $482,964. To sell within a reasonable timeframe at fair market value, the $285,000 to $295,000 range is where I'd position this. At this price, the property would be the most expensive of 5 comparable homes on the market comparable homes currently on the market in CHERRY CREEK. At 0.19 acres, the lot is larger than the 0.16 acre comp average, which factors into pricing. There are currently 5 similar homes on the market in CHERRY CREEK, ranging from $269,000 to $545,000. In CHERRY CREEK, home values have risen approximately 3.9% over the past 6 months. One of the strongest data points is 2306 Aldford DR, Austin TX 78745, adjusting to $475,357; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group