3139 Silkgrass BND, Austin TX 78748

The market data from 7 similar recent sales in CHERRY CREEK points to a value of approximately $690,451. To sell within a reasonable timeframe at fair market value, the $745,000 to $750,000 range is where I'd position this. At this price, the property would be the 3rd most expensive of 6 comparable homes on the market comparable homes currently on the market in CHERRY CREEK. At 408 sqft larger than the typical comp, the size difference factors into the valuation. The pool is a differentiator here, since 7 of 7 comparable sales didn't include one. There are currently 6 similar homes on the market in CHERRY CREEK, ranging from $549,900 to $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 $615,649; with a larger floor plan and no pool. 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