9417 Notches DR, Austin TX 78748

Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $380,522. I'd recommend coming to market at $582,000 to $615,000 to strike the right balance between value and market velocity. With 7 comparable homes on the market in CHERRY CREEK, this price positions the property as the most affordable of 7 comparable homes on the market. The larger floor plan (125 sqft compared to the average comp) is a meaningful differentiator in this price range. Current inventory shows 7 comparable homes in CHERRY CREEK; a balanced market based on recent absorption. The trend in CHERRY CREEK shows prices have fallen 7.1% in the past 6 months. 2949 Lagerway CV, Austin TX 78748 nearby adjusts to $395,331; with a larger floor plan. With 4 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