8102 AVOCET DR, Austin TX 78745

After reviewing 7 recent transactions in CHERRY CREEK, I estimate this property's value at $509,294. A competitive list price for this home right now would fall in the $358,000 to $368,000 range. This home's position in the current CHERRY CREEK market: the 3rd least expensive of 7 comparable homes on the market among comparable properties. Current inventory shows 7 comparable homes in CHERRY CREEK; a balanced market based on recent absorption. Prices in CHERRY CREEK have risen 5.4% over the last 6 months. A similar home at 3005 NORFOLK DR, Austin TX 78745 carries an adjusted comparable value of $413,006, providing a strong data point. The comp data here (7 sales in CHERRY CREEK) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus