8643 Piney Creek BND, Austin TX 78745

The market data from 7 similar recent sales in CHERRY CREEK points to a value of approximately $414,082. To sell within a reasonable timeframe at fair market value, the $464,000 to $469,000 range is where I'd position this. Against 5 similar active listings in CHERRY CREEK, this price point lands at the 2nd least expensive of 5 comparable homes on the market. At 0.00 acres, the lot is smaller than the 0.15 acre comp average, which factors into pricing. The active market in CHERRY CREEK includes 5 comparable homes priced from $407,449 to $599,000. In CHERRY CREEK, home values have fallen approximately 9.3% over the past 6 months. One of the strongest data points is 3005 NORFOLK DR, Austin TX 78745, adjusting to $368,315; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group