9416 Lightwood LOOP, Austin TX 78748

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $648,046. To generate strong buyer interest while maximizing value, I'd price this between $715,000 and $740,000. At this price, the property would be the 4th most expensive of 7 comparable homes on the market comparable homes currently on the market in CHERRY CREEK. At 452 sqft larger than the typical comp, the size difference factors into the valuation. At 0.31 acres, the lot is larger than the 0.20 acre comp average, which factors into pricing. There are currently 7 similar homes on the market in CHERRY CREEK, ranging from $549,900 to $849,000. 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 $606,026; with a larger floor plan. 7 comparable transactions in CHERRY CREEK support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group