9425 LIGHTWOOD LOOP, Austin TX 78748

After reviewing 3 recent transactions in CHERRY CREEK, I estimate this property's value at $656,198. A competitive list price for this home right now would fall in the $708,000 to $717,000 range. This home's position in the current CHERRY CREEK market: the 3rd most expensive of 6 comparable homes on the market among comparable properties. At 107 sqft larger than the typical comp, the size difference factors into the valuation. The larger lot (0.20 acres versus the area average of 0.17) contributes to the valuation. Right now, 6 similar properties are competing for buyers in CHERRY CREEK, listed between $549,900 and $849,000. Prices in CHERRY CREEK have fallen 7.1% over the last 6 months. A similar home at 3320 Silkgrass BND, Austin TX 78748 carries an adjusted comparable value of $580,387, providing a strong data point. The comp data here (3 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