2740 Honeywood DR, Leander TX 78641

After reviewing 5 recent transactions in GREATWOOD, I estimate this property's value at $718,923. A competitive list price for this home right now would fall in the $420,000 to $430,000 range. Relative to what's currently available in GREATWOOD, this home would be the most expensive of 7 comparable homes on the market. The 337 sqft size difference versus comparable sales is reflected in the adjusted values. The larger lot (1.00 acres versus the area average of 0.84) contributes to the valuation. Right now, 7 similar properties are competing for buyers in GREATWOOD, listed between $399,000 and $875,000. Prices in 78641 have fallen 3.8% over the last 6 months. A similar home at 2621 Greatwood TRL, Leander TX 78641 carries an adjusted comparable value of $730,698, providing a strong data point. With 5 comparable sales in GREATWOOD, 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