6303 Hyside DR, Austin TX 78723

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $631,775. I'd recommend coming to market at $548,000 to $558,000 to strike the right balance between value and market velocity. Against 4 similar active listings in CHERRYLAWN, this price point lands at the most expensive of 4 comparable homes on the market. Being 343 sqft larger than the average comparable sale in this area impacts the per square foot value. Current inventory shows 4 comparable homes in CHERRYLAWN; a buyer's market based on recent absorption. The trend in CHERRYLAWN shows prices have fallen 17.7% in the past 6 months. 6005 Walnut Hills DR, Austin TX 78723 nearby adjusts to $561,372; with a smaller floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group