9408 Tea Rose TRL, Austin TX 78748

The estimated value of this property is $479,727, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $573,000 and $584,000. With 5 comparable homes on the market in CHERRY CREEK, this price positions the property as the 3rd most expensive of 5 comparable homes on the market. The 0.22 acre lot (larger than the 0.18 acre average) is reflected in the estimate. The active market in CHERRY CREEK includes 5 comparable homes priced from $475,000 to $599,900. Recent trends in CHERRY CREEK show home values have risen 4.5% since 6 months ago. The most comparable recent sale is 8501 Bismark CV, Austin TX 78745, with an adjusted value of $348,001; a strong comparable. Based on 7 relevant data points in CHERRY CREEK, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX