5706 Standing Rock DR, Austin TX 78730

The market data from 7 similar recent sales in LONG CANYON -A points to a value of approximately $1,790,242. To sell within a reasonable timeframe at fair market value, the $1,387,000 to $1,397,000 range is where I'd position this. Against 7 similar active listings in LONG CANYON -A, this price point lands at the 4th most expensive of 7 comparable homes on the market. This home's larger footprint (563 sqft vs the comp average) plays a role in how the market prices it. At 1.23 acres, the lot is larger than the 0.95 acre comp average, which factors into pricing. 7 similar homes are currently available in LONG CANYON -A, creating a buyer's market for this price range. In 78730, home values have fallen approximately 7.2% over the past 6 months. One of the strongest data points is 4616 High Gate DR, Austin TX 78730, adjusting to $1,874,937; with a smaller floor plan. 7 comparable transactions in LONG CANYON -A 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