3112 Silkgrass BND, Austin TX 78748

The market data from 6 similar recent sales in CHERRY CREEK points to a value of approximately $566,422. To sell within a reasonable timeframe at fair market value, the $640,000 to $644,000 range is where I'd position this. In the current CHERRY CREEK market with 4 similar homes available, this price represents the most affordable of 4 comparable homes on the market. The larger floor plan (262 sqft compared to the average comp) is a meaningful differentiator in this price range. There are currently 4 similar homes on the market in CHERRY CREEK, ranging from $599,000 to $625,000. In CHERRY CREEK, home values have fallen approximately 7.1% over the past 6 months. One of the strongest data points is 3308 Silk Oak DR, Austin TX 78748, adjusting to $639,621; with a smaller floor plan. 6 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