508 HONEYCOMB RDG, Austin TX 78746

Reviewing the most recent comparable transactions, this home's market value falls around $1,634,850. For a well positioned listing in WESTWOOD, I'd target the $977,000 to $987,000 range. Against 7 similar active listings in WESTWOOD, this price point lands at the most expensive of 7 comparable homes on the market. The smaller floor plan (1,347 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1968 construction puts this home 25 years older than the comp average, a factor in the pricing. There are currently 7 similar homes on the market in WESTWOOD, ranging from $925,000 to $1,475,000. Recent trends in WESTWOOD show home values have risen 9% since 6 months ago. The most comparable recent sale is 306 Briarwood TRL, Austin TX 78746, with an adjusted value of $1,434,878; with a larger floor plan. 7 comparable transactions in WESTWOOD support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group