6111 London DR, Austin TX 78745

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $485,736. Pricing this home between $405,000 and $415,000 would put it in the competitive sweet spot for CHERRY CREEK. Buyers shopping in CHERRY CREEK right now would see this as a well positioned option among 7 comparable homes. The smaller lot (0.00 acres versus the area average of 0.20) contributes to the valuation. With 7 similar homes currently listed in CHERRY CREEK (a balanced market), competition is a factor to consider. Market data shows CHERRY CREEK prices risen 4.9% over the last half year. The closest comparable sale, 2800 Cornish CIR, Austin TX 78745 at an adjusted $460,076, is a strong comparable. With 7 comparable sales in CHERRY CREEK, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group