9330 LIGHTWOOD LOOP, Austin TX 78748

After reviewing 7 recent transactions in CHERRY CREEK, I estimate this property's value at $520,893. A competitive list price for this home right now would fall in the $605,000 to $618,000 range. This home's position in the current CHERRY CREEK market: the most affordable of 5 comparable homes on the market among comparable properties. At 268 sqft larger than the typical comp, the size difference factors into the valuation. 5 similar homes are currently available in CHERRY CREEK, creating a balanced market for this price range. Prices in CHERRY CREEK have fallen 7.1% over the last 6 months. A similar home at 8612 Piney Creek BND, Austin TX 78745 carries an adjusted comparable value of $343,669, providing a strong data point. The comp data here (7 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