9420 Bing Cherry LN, Austin TX 78750

After reviewing 5 recent transactions in ENCLAVE SPICEWOOD, I estimate this property's value at $1,104,602. A competitive list price for this home right now would fall in the $791,000 to $801,000 range. Relative to what's currently available in ENCLAVE SPICEWOOD, this home would be the 3rd most expensive of 7 comparable homes on the market. At 157 sqft smaller than the typical comp, the size difference factors into the valuation. The larger lot (0.41 acres versus the area average of 0.38) contributes to the valuation. There are currently 7 similar homes on the market in ENCLAVE SPICEWOOD, ranging from $739,000 to $1,499,000. Prices in 78750 have fallen 4.7% over the last 6 months. A similar home at 9904 Chester CV, Austin TX 78750 carries an adjusted comparable value of $1,107,170, providing a strong data point. The comp data here (5 sales in ENCLAVE SPICEWOOD) 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