6500 Lancret Hill DR, Austin TX 78745

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $589,079. To generate strong buyer interest while maximizing value, I'd price this between $602,000 and $664,000. In the current CHERRY CREEK market with 5 similar homes available, this price represents the 2nd most expensive of 5 comparable homes on the market. At 0.39 acres, the lot is larger than the 0.25 acre comp average, which factors into pricing. There are currently 5 similar homes on the market in CHERRY CREEK, ranging from $575,000 to $685,000. The trend in CHERRY CREEK shows prices have fallen 9.8% in the past 6 months. 2700 Nordham DR, Austin TX 78745 nearby adjusts to $542,897; a strong comparable. The 5 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group