6107 Reicher DR, Austin TX 78723

Based on 7 closed sales in CHERRYLAWN, the data points to a value around $545,823 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $270,000 to $280,000. This home's position in the current CHERRYLAWN market: the most expensive of 4 comparable homes on the market among comparable properties. Being built in 1981 (13 years newer than comps) is factored into the value estimate. 4 similar homes are currently available in CHERRYLAWN, creating a buyer's market for this price range. Market data shows CHERRYLAWN prices fallen 17.7% over the last half year. The closest comparable sale, 6210 Hyside DR, Austin TX 78723 at an adjusted $550,374, is with a smaller floor plan. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus