8405 Avocet DR, Austin TX 78745

Based on 7 closed sales in CHERRY CREEK, the data points to a value around $494,636 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $398,000 to $408,000. This pricing would rank the home as the 3rd least expensive of 7 comparable homes on the market in CHERRY CREEK's current inventory. Current inventory shows 7 comparable homes in CHERRY CREEK; a balanced market based on recent absorption. Market data shows CHERRY CREEK prices risen 6.9% over the last half year. The closest comparable sale, 2711 Bobby LN, Austin TX 78745 at an adjusted $388,755, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in CHERRY CREEK. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group