3002 Honey Tree LN, Austin TX 78746

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $1,066,221. Pricing this home between $824,000 and $834,000 would put it in the competitive sweet spot for BEECAVE WOODS. This would position the home competitively among 7 active listings in BEECAVE WOODS. The larger lot (0.70 acres versus the area average of 0.23) contributes to the valuation. Current inventory shows 7 comparable homes in BEECAVE WOODS; a buyer's market based on recent absorption. Market data shows BEECAVE WOODS prices fallen 6% over the last half year. The closest comparable sale, 3135 Eanes CIR, Austin TX 78746 at an adjusted $1,131,343, is a strong comparable. With 7 comparable sales in BEECAVE WOODS, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group