4118 Honeycomb Rock CIR, Austin TX 78731

Based on 4 closed sales in 78731, the data points to a value around $1,690,532 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $1,750,000 to $1,771,000. This pricing would rank the home as the 2nd most expensive of 3 comparable homes on the market in 78731's current inventory. The larger floor plan (242 sqft compared to the average comp) is a meaningful differentiator in this price range. A pool adds market appeal. Only 4 minus 1 of the comps had one. Current inventory shows 3 comparable homes in 78731; a buyer's market based on recent absorption. Market data shows 78731 prices fallen 13.3% over the last half year. The closest comparable sale, 4022 N Hills DR, Austin TX 78731 at an adjusted $1,771,248, is a strong comparable. This estimate draws on 4 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus