9436 Bing Cherry LN, Austin TX 78750

Reviewing the most recent comparable transactions, this home's market value falls around $1,174,780. For a well positioned listing in ENCLAVE SPICEWOOD, I'd target the $1,191,000 to $1,229,000 range. In the current ENCLAVE SPICEWOOD market with 7 similar homes available, this price represents the 4th most expensive of 7 comparable homes on the market. At 0.42 acres, the lot is larger than the 0.37 acre comp average, which factors into pricing. 7 similar homes are currently available in ENCLAVE SPICEWOOD, creating a balanced market for this price range. Recent trends in 78750 show home values have fallen 6% since 6 months ago. The most comparable recent sale is 10303 Spicewood PKWY, Austin TX 78750, with an adjusted value of $991,636; with a smaller 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