5405 Honey Dew TER, Austin TX 78749

My analysis of 7 comparable properties puts this home's estimated value at $672,970. Based on how the local market is moving, a list price between $524,000 and $534,000 would position this home well. This home's position in the current WESTCREEK market: the 2nd most expensive of 7 comparable homes on the market among comparable properties. The larger floor plan (129 sqft compared to the average comp) is a meaningful differentiator in this price range. Current inventory shows 7 comparable homes in WESTCREEK; a balanced market based on recent absorption. The 6 month price trend in WESTCREEK: risen 10.8%. The best comp here is 4606 White Elm DR, Austin TX 78749 at an adjusted value of $884,988, a strong comparable. With 7 comparable sales in WESTCREEK, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group