9436 Bing Cherry LN, Austin TX 78750

Reviewing the most recent comparable transactions, this home's market value falls around $1,261,290. For a well positioned listing in ENCLAVE SPICEWOOD, I'd target the $1,236,000 to $1,287,000 range. In the current ENCLAVE SPICEWOOD market with 3 similar homes available, this price represents the most expensive of 3 comparable homes on the market. This home's smaller footprint (130 sqft vs the comp average) plays a role in how the market prices it. At 0.42 acres, the lot is larger than the 0.36 acre comp average, which factors into pricing. 3 similar homes are currently available in ENCLAVE SPICEWOOD, creating a balanced market for this price range. Recent trends in 78750 show home values have risen 12.2% since 6 months ago. The most comparable recent sale is 10200 Spicewood PKWY, Austin TX 78750, with an adjusted value of $1,192,420; with a larger floor plan. 7 comparable transactions in ENCLAVE SPICEWOOD 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