3003 Honey Tree LN, Austin TX 78746

After reviewing 5 recent transactions in BEECAVE WOODS, I estimate this property's value at $779,359. A competitive list price for this home right now would fall in the $454,000 to $464,000 range. This would position the home competitively among 5 active listings in BEECAVE WOODS. The smaller lot (0.00 acres versus the area average of 0.23) contributes to the valuation. With 5 similar homes currently listed in BEECAVE WOODS (a balanced market), competition is a factor to consider. Prices in BEECAVE WOODS have fallen 7.7% over the last 6 months. A similar home at 1311 Wilderness DR, Austin TX 78746 carries an adjusted comparable value of $993,473, providing a strong data point. With 5 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