3307 Silkgrass Bn, Austin TX 78748

After reviewing 7 recent transactions in CHERRY CREEK, I estimate this property's value at $527,756. A competitive list price for this home right now would fall in the $438,000 to $448,000 range. This would position the home competitively among 7 active listings in CHERRY CREEK. The smaller lot (0.00 acres versus the area average of 0.20) contributes to the valuation. Current inventory shows 7 comparable homes in CHERRY CREEK; a balanced market based on recent absorption. Prices in CHERRY CREEK have fallen 4.4% over the last 6 months. A similar home at 9513 LINKMEADOW DR, Austin TX 78748 carries an adjusted comparable value of $573,195, providing a strong data point. The comp data here (7 sales in CHERRY CREEK) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus