5800 Long CT, Austin TX 78730

My analysis of 7 comparable properties puts this home's estimated value at $1,521,911. Based on how the local market is moving, a list price between $1,045,000 and $1,055,000 would position this home well. This home's position in the current SHEPHERD MOUNTAIN market: the 3rd most expensive of 7 comparable homes on the market among comparable properties. The larger lot (4.08 acres versus the area average of 0.32) contributes to the valuation. Current inventory shows 7 comparable homes in SHEPHERD MOUNTAIN; a buyer's market based on recent absorption. The 6 month price trend in 78730: fallen 7.2%. The best comp here is 6600 W Courtyard DR, Austin TX 78730 at an adjusted value of $1,527,143, with a larger floor plan. The comp data here (7 sales in SHEPHERD MOUNTAIN) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus