9400 Lightwood CV, Austin TX 78748

My analysis of 7 comparable properties puts this home's estimated value at $674,395. Based on how the local market is moving, a list price between $693,000 and $710,000 would position this home well. This would position the home competitively among 7 active listings in CHERRY CREEK. The larger floor plan (550 sqft compared to the average comp) is a meaningful differentiator in this price range. The larger lot (0.34 acres versus the area average of 0.23) contributes to the valuation. Right now, 7 similar properties are competing for buyers in CHERRY CREEK, listed between $559,900 and $765,000. The 6 month price trend in CHERRY CREEK: risen 4.9%. The best comp here is 3320 Silkgrass BND, Austin TX 78748 at an adjusted value of $623,300, a strong comparable. With 7 comparable sales in CHERRY CREEK, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group