9404 Bing Cherry LN, Austin TX 78750

Reviewing the most recent comparable transactions, this home's market value falls around $1,025,129. For a well positioned listing in ENCLAVE THE, I'd target the $1,083,000 to $1,110,000 range. At this price, the property would be the 3rd least expensive of 7 comparable homes on the market comparable homes currently on the market in ENCLAVE THE. The smaller floor plan (213 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.31 acres, the lot is larger than the 0.25 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in ENCLAVE THE; a balanced market based on recent absorption. Recent trends in 78750 show home values have fallen 11.3% since 6 months ago. The most comparable recent sale is 11505 Citrus CV, Austin TX 78750, with an adjusted value of $1,131,524; a strong comparable. 4 comparable transactions in ENCLAVE THE support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group