6207 Pennwood LN, Austin TX 78745

The comparable sales data (4 recent transactions in CHERRY CREEK) supports an estimated value of $442,526. The data suggests a list price between $334,000 and $344,000 would attract qualified buyers without leaving money on the table. This home's position in the current CHERRY CREEK market: the 3rd least expensive of 7 comparable homes on the market among comparable properties. This home's smaller footprint (132 sqft vs the comp average) plays a role in how the market prices it. With 7 similar homes currently listed in CHERRY CREEK (a seller's market), competition is a factor to consider. Prices in CHERRY CREEK have risen 1% over the last 6 months. A similar home at 1906 Parkside LN, Austin TX 78745 carries an adjusted comparable value of $485,164, providing a strong data point. The strength of this estimate comes from 4 directly comparable sales in CHERRY CREEK. 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