8511 Honeysuckle TRL, Austin TX 78759

My analysis of 7 comparable properties puts this home's estimated value at $628,259. Based on how the local market is moving, a list price between $429,000 and $439,000 would position this home well. Relative to what's currently available in WALLACE J, this home would be the most expensive of 7 comparable homes on the market. At 25 years newer than typical comps, the 2015 build date influences the valuation. The smaller lot (0.00 acres versus the area average of 0.13) contributes to the valuation. Current inventory shows 7 comparable homes in WALLACE J; a balanced market based on recent absorption. The 6 month price trend in 78759: risen 14.3%. The best comp here is 8110 Ranch Road 2222 # 81, Austin TX 78730 at an adjusted value of $605,768, a strong comparable. With 7 comparable sales in WALLACE J, 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