8710 Piney Creek BND, Austin TX 78745

After reviewing 7 recent transactions in CHERRY CREEK, I estimate this property's value at $523,385. A competitive list price for this home right now would fall in the $447,000 to $457,000 range. Buyers shopping in CHERRY CREEK right now would see this as a well positioned option among 7 comparable homes. The 101 sqft size difference versus comparable sales is reflected in the adjusted values. With 7 similar homes currently listed in CHERRY CREEK (a balanced market), competition is a factor to consider. Prices in CHERRY CREEK have fallen 6.4% over the last 6 months. A similar home at 9605 Kangaroo LN, Austin TX 78748 carries an adjusted comparable value of $567,636, 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