9604 Cheryl Lynn RD, Austin TX 78747

The market data from 7 similar recent sales in PERKINS PARK points to a value of approximately $334,396. To sell within a reasonable timeframe at fair market value, the $271,000 to $281,000 range is where I'd position this. Against 2 similar active listings in PERKINS PARK, this price point lands at the most expensive of 2 comparable homes on the market. At 854 sqft smaller than the typical comp, the size difference factors into the valuation. At 0.30 acres, the lot is larger than the 0.15 acre comp average, which factors into pricing. 2 similar homes are currently available in PERKINS PARK, creating a buyer's market for this price range. In 78747, home values have fallen approximately 11.7% over the past 6 months. One of the strongest data points is 11001 River Plantation DR, Austin TX 78747, adjusting to $436,756; with a larger 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