3318 Silk Oak DR, Austin TX 78748

Taking into account 7 nearby comparable sales, this property's estimated value comes to $664,284. If we were to list this property today, I'd recommend a list price in the $466,000 to $476,000 range. This home's position in the current CHERRY CREEK market: the 2nd most expensive of 7 comparable homes on the market among comparable properties. The larger floor plan (413 sqft compared to the average comp) is a meaningful differentiator in this price range. With 7 similar homes currently listed in CHERRY CREEK (a balanced market), competition is a factor to consider. The 6 month price trend in CHERRY CREEK: fallen 7.1%. The best comp here is 3320 Silkgrass BND, Austin TX 78748 at an adjusted value of $578,458, a strong comparable. 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