8203 Avocet DR, Austin TX 78745

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $546,142. Pricing this home between $417,000 and $427,000 would put it in the competitive sweet spot for CHERRY CREEK. Relative to what's currently available in CHERRY CREEK, this home would be the 3rd most expensive of 6 comparable homes on the market. At 5 years newer than typical comps, the 1986 build date influences the valuation. Current inventory shows 6 comparable homes in CHERRY CREEK; a balanced market based on recent absorption. Market data shows CHERRY CREEK prices fallen 7.1% over the last half year. The closest comparable sale, 2609 MARKET GARDEN LN, Austin TX 78745 at an adjusted $465,758, is a strong comparable. With 7 comparable sales in CHERRY CREEK, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group