6100 Pennwood LN, Austin TX 78745

My analysis of 7 comparable properties puts this home's estimated value at $478,217. Based on how the local market is moving, a list price between $470,000 and $482,000 would position this home well. This would position the home competitively among 5 active listings in CHERRY CREEK. The larger lot (0.21 acres versus the area average of 0.18) contributes to the valuation. 5 similar homes are currently available in CHERRY CREEK, creating a balanced market for this price range. The 6 month price trend in CHERRY CREEK: fallen 9.3%. The best comp here is 1906 Parkside LN, Austin TX 78745 at an adjusted value of $482,380, a strong comparable. The comp data here (7 sales in CHERRY CREEK) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus