8803 Peppergrass CV, Austin TX 78745

The estimated value of this property is $464,508, based on 6 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $534,000 and $539,000. At this price, the property would be the 2nd least expensive of 7 comparable homes on the market comparable homes currently on the market in CHERRY CREEK. This home's smaller footprint (132 sqft vs the comp average) plays a role in how the market prices it. The 0.10 acre lot (smaller than the 0.14 acre average) is reflected in the estimate. 7 similar homes are currently available in CHERRY CREEK, creating a balanced market for this price range. Recent trends in CHERRY CREEK show home values have fallen 7.1% since 6 months ago. The most comparable recent sale is 9401 Bernoulli DR, Austin TX 78748, with an adjusted value of $476,388; with a larger floor plan. With 6 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group