8417 Avocet DR, Austin TX 78745

After reviewing 7 recent transactions in CHERRY CREEK, I estimate this property's value at $482,308. A competitive list price for this home right now would fall in the $401,000 to $411,000 range. This pricing would rank the home as the 3rd least expensive of 7 comparable homes on the market in CHERRY CREEK's current inventory. At 5 years newer than typical comps, the 1986 build date influences the valuation. The active market in CHERRY CREEK includes 7 comparable homes priced from $418,880 to $685,000. Prices in CHERRY CREEK have fallen 7.1% over the last 6 months. A similar home at 2606 Brisbane RD, Austin TX 78745 carries an adjusted comparable value of $597,528, providing a strong data point. 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