6210 Pennwood LN, Austin TX 78745

Taking into account 7 nearby comparable sales, this property's estimated value comes to $488,555. If we were to list this property today, I'd recommend a list price in the $419,000 to $429,000 range. This home's position in the current CHERRY CREEK market: the 4th most expensive of 7 comparable homes on the market among comparable properties. Lot size matters here: 0.00 acres versus 0.20 for the typical comp. Right now, 7 similar properties are competing for buyers in CHERRY CREEK, listed between $418,880 and $685,000. The 6 month price trend in CHERRY CREEK: fallen 9.8%. The best comp here is 5813 Gateshead DR, Austin TX 78745 at an adjusted value of $426,818, a strong comparable. The strength of this estimate comes from 7 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