3316 Silk Oak DR, Austin TX 78748

Based on 7 closed sales in CHERRY CREEK, the data points to a value around $508,823 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $564,000 to $604,000. This home's position in the current CHERRY CREEK market: the 2nd most expensive of 3 comparable homes on the market among comparable properties. 3 similar homes are currently available in CHERRY CREEK, creating a balanced market for this price range. Market data shows CHERRY CREEK prices fallen 7.1% over the last half year. The closest comparable sale, 3302 Silkgrass BND, Austin TX 78748 at an adjusted $608,182, is a strong comparable. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus