9435 Bing Cherry LN, Austin TX 78750

The estimated value of this property is $1,090,014, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $802,000 and $812,000. With 3 comparable homes on the market in ENCLAVE SPICEWOOD, this price positions the property as the most expensive of 3 comparable homes on the market. The smaller floor plan (166 sqft compared to the average comp) is a meaningful differentiator in this price range. The 0.29 acre lot (larger than the 0.25 acre average) is reflected in the estimate. There are currently 3 similar homes on the market in ENCLAVE SPICEWOOD, ranging from $799,990 to $1,150,000. Recent trends in 78750 show home values have fallen 4.4% since 6 months ago. The most comparable recent sale is 10103 Eastman CV, Austin TX 78750, with an adjusted value of $1,150,426; with a larger floor plan. Based on 7 relevant data points in ENCLAVE SPICEWOOD, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX