9318 Lightwood LOOP, Austin TX 78748

Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $648,641. I'd recommend coming to market at $513,000 to $523,000 to strike the right balance between value and market velocity. Among the similar homes currently available in CHERRY CREEK, this price point stands out as competitive. The 771 sqft size difference versus comparable sales is reflected in the adjusted values. The active market in CHERRY CREEK includes 7 comparable homes priced from $475,000 to $770,000. The trend in CHERRY CREEK shows prices have fallen 7.1% in the past 6 months. 3320 Silkgrass BND, Austin TX 78748 nearby adjusts to $628,113; with a smaller floor plan. Based on 7 relevant data points in CHERRY CREEK, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX