6203 Reicher DR, Austin TX 78723

Based on 6 closed sales in CHERRYLAWN, the data points to a value around $616,269 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $619,000 to $623,000. Buyers shopping in CHERRYLAWN right now would see this as a well positioned option among 3 comparable homes. At 367 sqft larger than the typical comp, the size difference factors into the valuation. There are currently 3 similar homes on the market in CHERRYLAWN, ranging from $450,000 to $730,000. Market data shows CHERRYLAWN prices fallen 17.7% over the last half year. The closest comparable sale, 6005 Walnut Hills DR, Austin TX 78723 at an adjusted $556,944, is with a smaller floor plan. The strength of this estimate comes from 6 directly comparable sales in CHERRYLAWN. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group