9404 Lightwood LOOP, Austin TX 78748

My analysis of 7 comparable properties puts this home's estimated value at $577,759. Based on how the local market is moving, a list price between $627,000 and $646,000 would position this home well. This home's position in the current CHERRY CREEK market: the 2nd least expensive of 7 comparable homes on the market among comparable properties. The 176 sqft size difference versus comparable sales is reflected in the adjusted values. Current inventory shows 7 comparable homes in CHERRY CREEK; a balanced market based on recent absorption. The 6 month price trend in CHERRY CREEK: fallen 8.9%. The best comp here is 9322 Lightwood LOOP, Austin TX 78748 at an adjusted value of $655,159, a strong comparable. 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