8802 Dandelion TRL, Austin TX 78745

The market data from 7 similar recent sales in CHERRY CREEK points to a value of approximately $601,859. To sell within a reasonable timeframe at fair market value, the $620,000 to $630,000 range is where I'd position this. Against 4 similar active listings in CHERRY CREEK, this price point lands at the most expensive of 4 comparable homes on the market. At 217 sqft larger than the typical comp, the size difference factors into the valuation. Current inventory shows 4 comparable homes in CHERRY CREEK; a balanced market based on recent absorption. In CHERRY CREEK, home values have fallen approximately 0.5% over the past 6 months. One of the strongest data points is 3308 Silk Oak DR, Austin TX 78748, adjusting to $616,038; with a smaller floor plan. 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