3318 Silkgrass BND, Austin TX 78748

My analysis of 7 comparable properties puts this home's estimated value at $507,493. Based on how the local market is moving, a list price between $417,000 and $427,000 would position this home well. This home's position in the current CHERRY CREEK market: the 2nd most expensive of 3 comparable homes on the market among comparable properties. This home's smaller footprint (149 sqft vs the comp average) plays a role in how the market prices it. The active market in CHERRY CREEK includes 3 comparable homes priced from $407,449 to $625,000. The 6 month price trend in CHERRY CREEK: fallen 6.4%. The best comp here is 3302 Silkgrass BND, Austin TX 78748 at an adjusted value of $584,446, with a larger 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