546 Spoke Hollow RD, Lockhart TX 78644

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $325,516. I'd recommend coming to market at $339,000 to $348,000 to strike the right balance between value and market velocity. In the current CHERRY RIDGE market with 2 similar homes available, this price represents the most affordable of 2 comparable homes on the market. The 5.00 acre lot (larger than the 0.33 acre average) is reflected in the estimate. Right now, 2 similar properties are competing for buyers in CHERRY RIDGE, listed between $490,000 and $950,000. The trend in 78644 shows prices have fallen 5.9% in the past 6 months. 363 BARRON ESTATE DR, Lockhart TX 78644 nearby adjusts to $328,980; a strong comparable. Based on 7 relevant data points in CHERRY RIDGE, 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