7804 Epping LN, Austin TX 78745

Reviewing the most recent comparable transactions, this home's market value falls around $527,751. For a well positioned listing in CHERRY CREEK, I'd target the $411,000 to $421,000 range. In the current CHERRY CREEK market with 7 similar homes available, this price represents the most expensive of 7 comparable homes on the market. At 0.22 acres, the lot is larger than the 0.19 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in CHERRY CREEK; a balanced market based on recent absorption. Recent trends in CHERRY CREEK show home values have fallen 7.1% since 6 months ago. The most comparable recent sale is 2711 Bobby LN, Austin TX 78745, with an adjusted value of $384,909; 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