8704 Honeysuckle TRL, Austin TX 78759

The estimated value of this property is $843,461, based on 5 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $818,000 and $869,000. Against 3 similar active listings in WESTOVER HILLS, this price point lands at the most expensive of 3 comparable homes on the market. This home's smaller footprint (100 sqft vs the comp average) plays a role in how the market prices it. Built in 1964, this home is 5 years older than the average comp, which is reflected in the adjustments. With 3 similar homes currently listed in WESTOVER HILLS (a seller's market), competition is a factor to consider. Recent trends in WESTOVER HILLS show home values have fallen 32.5% since 6 months ago. The most comparable recent sale is 8714 Silverhill LN, Austin TX 78759, with an adjusted value of $989,705; a strong comparable. Based on 5 relevant data points in WESTOVER HILLS, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX