9508 Tea Rose TRL, Austin TX 78748

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $638,659. I'd recommend coming to market at $427,000 to $437,000 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 2nd most expensive of 7 comparable homes on the market. This home's larger footprint (559 sqft vs the comp average) plays a role in how the market prices it. There are currently 7 similar homes on the market in CHERRY CREEK, ranging from $425,000 to $750,000. The trend in CHERRY CREEK shows prices have risen 5.4% in the past 6 months. 3320 Silkgrass BND, Austin TX 78748 nearby adjusts to $586,831; 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