4102 Honeycomb Rock CIR, Austin TX 78731

Reviewing the most recent comparable transactions, this home's market value falls around $1,175,460. For a well positioned listing in 78731, I'd target the $1,025,000 to $1,035,000 range. In the current 78731 market with 5 similar homes available, this price represents the 3rd most expensive of 5 comparable homes on the market. This home's larger footprint (127 sqft vs the comp average) plays a role in how the market prices it. The pool is a differentiator here, since 4 of 7 comparable sales didn't include one. With 5 similar homes currently listed in 78731 (a buyer's market), competition is a factor to consider. Recent trends in 78731 show home values have fallen 13.3% since 6 months ago. The most comparable recent sale is 7110 Spurlock DR, Austin TX 78731, with an adjusted value of $1,000,300; with no pool. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group