3134 HONEY TREE LN, Austin TX 78746

The estimated value of this property is $1,495,206, based on 5 comparable sales within a few blocks. In today's market, I'd bring this home to market somewhere between $1,450,000 and $1,540,000. At this price, the property would be the most affordable of 3 comparable homes on the market comparable homes currently on the market in BEECAVE WOODS. This home's larger footprint (391 sqft vs the comp average) plays a role in how the market prices it. The 0.24 acre lot (smaller than the 0.28 acre average) is reflected in the estimate. With 3 similar homes currently listed in BEECAVE WOODS (a balanced market), competition is a factor to consider. Recent trends in BEECAVE WOODS show home values have fallen 2.6% since 6 months ago. The most comparable recent sale is 1306 Wilderness DR, Austin TX 78746, with an adjusted value of $1,614,664; with a smaller floor plan and a pool. Based on 5 relevant data points in BEECAVE WOODS, 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