6108 Reicher DR, Austin TX 78723

My analysis of 7 comparable properties puts this home's estimated value at $562,311. Based on how the local market is moving, a list price between $264,000 and $274,000 would position this home well. Relative to what's currently available in CHERRYLAWN, this home would be the most expensive of 7 comparable homes on the market. At 33 years newer than typical comps, the 2005 build date influences the valuation. The larger lot (0.26 acres versus the area average of 0.20) contributes to the valuation. There are currently 7 similar homes on the market in CHERRYLAWN, ranging from $250,000 to $575,000. The 6 month price trend in 78723: risen 1.5%. The best comp here is 6210 Hyside DR, Austin TX 78723 at an adjusted value of $589,599, with a smaller floor plan. The comp data here (7 sales in CHERRYLAWN) 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