3313 Silk Oak DR, Austin TX 78748

The comparable sales data (7 recent transactions in CHERRY CREEK) supports an estimated value of $587,099. The data suggests a list price between $495,000 and $505,000 would attract qualified buyers without leaving money on the table. This would position the home competitively among 5 active listings in CHERRY CREEK. The 225 sqft size difference versus comparable sales is reflected in the adjusted values. Current inventory shows 5 comparable homes in CHERRY CREEK; a balanced market based on recent absorption. Prices in CHERRY CREEK have risen 4.9% over the last 6 months. A similar home at 9322 Lightwood LOOP, Austin TX 78748 carries an adjusted comparable value of $650,137, providing a strong data point. The strength of this estimate comes from 7 directly comparable sales in CHERRY CREEK. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group