9435 Bing Cherry LN, Austin TX 78750

The estimated value of this property is $1,089,399, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $941,000 and $951,000. With 7 comparable homes on the market in ENCLAVE SPICEWOOD, this price positions the property as the 3rd least expensive of 7 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 7 similar homes on the market in ENCLAVE SPICEWOOD, ranging from $809,900 to $2,500,000. Recent trends in 78750 show home values have fallen 2.3% since 6 months ago. The most comparable recent sale is 10804 Winchelsea DR, Austin TX 78750, with an adjusted value of $978,818; 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