5801 Long CT, Austin TX 78730

The estimated value of this property is $1,479,276, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $1,208,000 and $1,218,000. With 4 comparable homes on the market in SHEPHERD MOUNTAIN, this price positions the property as the 2nd most expensive of 4 comparable homes on the market. This home's smaller footprint (129 sqft vs the comp average) plays a role in how the market prices it. The 0.67 acre lot (larger than the 0.34 acre average) is reflected in the estimate. Current inventory shows 4 comparable homes in SHEPHERD MOUNTAIN; a buyer's market based on recent absorption. Recent trends in 78730 show home values have fallen 6.9% since 6 months ago. The most comparable recent sale is 6600 W Courtyard DR, Austin TX 78730, with an adjusted value of $1,366,075; with a larger floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group