501 Honeycomb RDG, Austin TX 78746

Taking into account 7 nearby comparable sales, this property's estimated value comes to $1,729,930. If we were to list this property today, I'd recommend a list price in the $1,142,000 to $1,152,000 range. This pricing would rank the home as the 2nd most expensive of 7 comparable homes on the market in WESTWOOD's current inventory. This home's smaller footprint (1,249 sqft vs the comp average) plays a role in how the market prices it. Being built in 1960 (35 years older than comps) is factored into the value estimate. With 7 similar homes currently listed in WESTWOOD (a balanced market), competition is a factor to consider. The 6 month price trend in WESTWOOD: fallen 0.7%. The best comp here is 306 Briarwood TRL, Austin TX 78746 at an adjusted value of $1,487,451, with a smaller floor plan. The strength of this estimate comes from 7 directly comparable sales in WESTWOOD. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group