3309 Silk Oak DR, Austin TX 78748

Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $598,505. I'd recommend coming to market at $509,000 to $519,000 to strike the right balance between value and market velocity. In the current CHERRY CREEK market with 6 similar homes available, this price represents the 3rd least expensive of 6 comparable homes on the market. The 225 sqft size difference versus comparable sales is reflected in the adjusted values. Right now, 6 similar properties are competing for buyers in CHERRY CREEK, listed between $450,000 and $719,900. The trend in CHERRY CREEK shows prices have risen 4.4% in the past 6 months. 9322 Lightwood LOOP, Austin TX 78748 nearby adjusts to $663,941; 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