6914 Cherrydale DR, Austin TX 78745

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $401,542. I'd recommend coming to market at $310,000 to $320,000 to strike the right balance between value and market velocity. Against 7 similar active listings in CHERRY MEADOWS, this price point lands at the most expensive of 7 comparable homes on the market. At 191 sqft smaller than the typical comp, the size difference factors into the valuation. 7 similar homes are currently available in CHERRY MEADOWS, creating a buyer's market for this price range. The trend in 78745 shows prices have fallen 5.2% in the past 6 months. 1705 Cherry Meadow CIR, Austin TX 78745 nearby adjusts to $222,823; a strong comparable. Based on 7 relevant data points in CHERRY MEADOWS, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX