6919 Cherry Meadow DR, Austin TX 78745

Reviewing the most recent comparable transactions, this home's market value falls around $362,707. For a well positioned listing in CHERRY MEADOWS, I'd target the $378,000 to $407,000 range. Among the similar homes currently available in CHERRY MEADOWS, this price point stands out as competitive. This home's smaller footprint (399 sqft vs the comp average) plays a role in how the market prices it. At 0.13 acres, the lot is smaller than the 0.17 acre comp average, which factors into pricing. 5 similar homes are currently available in CHERRY MEADOWS, creating a buyer's market for this price range. Recent trends in 78745 show home values have fallen 5.2% since 6 months ago. The most comparable recent sale is 1705 Cherry Meadow CIR, Austin TX 78745, with an adjusted value of $199,449; 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