8109 Willet TRL, Austin TX 78745

Based on 7 closed sales in CHERRY CREEK, the data points to a value around $507,511 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $368,000 to $378,000. This home's position in the current CHERRY CREEK market: the 3rd least expensive of 7 comparable homes on the market among comparable properties. Being built in 1993 (6 years newer than comps) is factored into the value estimate. Lot size matters here: 0.26 acres versus 0.19 for the typical comp. The active market in CHERRY CREEK includes 7 comparable homes priced from $407,449 to $649,000. Market data shows CHERRY CREEK prices fallen 4.4% over the last half year. The closest comparable sale, 3005 NORFOLK DR, Austin TX 78745 at an adjusted $390,363, is a strong comparable. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus