9437 Lightwood LOOP, Austin TX 78748

The market data from 3 similar recent sales in CHERRY CREEK points to a value of approximately $651,150. To sell within a reasonable timeframe at fair market value, the $681,000 to $746,000 range is where I'd position this. At this price, the property would be the 3rd least expensive of 6 comparable homes on the market comparable homes currently on the market in CHERRY CREEK. The 273 sqft size difference versus comparable sales is reflected in the adjusted values. The pool is a differentiator here, since 3 of 3 comparable sales didn't include one. Right now, 6 similar properties are competing for buyers in CHERRY CREEK, listed between $549,900 and $849,000. In CHERRY CREEK, home values have fallen approximately 7.1% over the past 6 months. One of the strongest data points is 3320 Silkgrass BND, Austin TX 78748, adjusting to $620,054; with a larger floor plan and no pool. The 3 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group