9606 Kangaroo LN, Austin TX 78748

The estimated value of this property is $534,266, based on 5 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $438,000 and $448,000. With 3 comparable homes on the market in CHERRY CREEK, this price positions the property as the most expensive of 3 comparable homes on the market. The 0.24 acre lot (larger than the 0.20 acre average) is reflected in the estimate. With 3 similar homes currently listed in CHERRY CREEK (a balanced market), competition is a factor to consider. Recent trends in CHERRY CREEK show home values have fallen 7.1% since 6 months ago. The most comparable recent sale is 3302 Silkgrass BND, Austin TX 78748, with an adjusted value of $625,989; a strong comparable. Based on 5 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