8711 Cretys CV, Austin TX 78745

After reviewing 7 recent transactions in CHERRY CREEK, I estimate this property's value at $448,769. A competitive list price for this home right now would fall in the $497,000 to $540,000 range. This home's position in the current CHERRY CREEK market: the 3rd least expensive of 7 comparable homes on the market among comparable properties. At 5 years newer than typical comps, the 1993 build date influences the valuation. The larger lot (0.24 acres versus the area average of 0.20) contributes to the valuation. Buyers in CHERRY CREEK have 7 comparable options right now, with asking prices between $419,900 and $685,000. Prices in CHERRY CREEK have fallen 7.1% over the last 6 months. A similar home at 2711 Bobby LN, Austin TX 78745 carries an adjusted comparable value of $407,018, providing a strong data point. The comp data here (7 sales in CHERRY CREEK) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus