3312 Silk Oak DR, Austin TX 78748

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $573,976. Pricing this home between $635,000 and $637,000 would put it in the competitive sweet spot for CHERRY CREEK. Relative to what's currently available in CHERRY CREEK, this home would be the most affordable of 5 comparable homes on the market. This home's larger footprint (271 sqft vs the comp average) plays a role in how the market prices it. The active market in CHERRY CREEK includes 5 comparable homes priced from $599,000 to $625,000. Market data shows CHERRY CREEK prices fallen 7.1% over the last half year. The closest comparable sale, 9322 Lightwood LOOP, Austin TX 78748 at an adjusted $634,699, is with a smaller floor plan. 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