9428 Lightwood LOOP, Austin TX 78748

My analysis of 4 comparable properties puts this home's estimated value at $523,714. Based on how the local market is moving, a list price between $571,000 and $599,000 would position this home well. This pricing would rank the home as the most affordable of 3 comparable homes on the market in CHERRY CREEK's current inventory. The larger lot (0.25 acres versus the area average of 0.21) contributes to the valuation. There are currently 3 similar homes on the market in CHERRY CREEK, ranging from $515,000 to $625,000. The 6 month price trend in CHERRY CREEK: fallen 7.1%. The best comp here is 9517 Linkmeadow DR, Austin TX 78748 at an adjusted value of $561,764, a strong comparable. With 4 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