6720 Lancret Hill DR, Austin TX 78745

My analysis of 5 comparable properties puts this home's estimated value at $544,013. Based on how the local market is moving, a list price between $609,000 and $634,000 would position this home well. Relative to what's currently available in CHERRY CREEK, this home would be the most affordable of 5 comparable homes on the market. The larger floor plan (238 sqft compared to the average comp) is a meaningful differentiator in this price range. Right now, 5 similar properties are competing for buyers in CHERRY CREEK, listed between $480,000 and $599,900. The 6 month price trend in CHERRY CREEK: fallen 9.8%. The best comp here is 2714 Inridge DR, Austin TX 78745 at an adjusted value of $537,327, a strong comparable. The comp data here (5 sales in CHERRY CREEK) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus