3217 Silk Oak DR, Austin TX 78748

The estimated value of this property is $613,688, based on 7 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $493,000 and $503,000. With 4 comparable homes on the market in CHERRY CREEK, this price positions the property as the most expensive of 4 comparable homes on the market. Being 278 sqft larger than the average comparable sale in this area impacts the per square foot value. There are currently 4 similar homes on the market in CHERRY CREEK, ranging from $450,000 to $725,000. Recent trends in CHERRY CREEK show home values have risen 3.9% since 6 months ago. The most comparable recent sale is 9305 Lightwood LOOP, Austin TX 78748, with an adjusted value of $643,422; with a smaller floor plan. Based on 7 relevant data points in CHERRY CREEK, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX