5805 Long CT, Austin TX 78730

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $1,512,478. I'd recommend coming to market at $1,255,000 to $1,265,000 to strike the right balance between value and market velocity. At this price, the property would be the 2nd most expensive of 5 comparable homes on the market comparable homes currently on the market in SHEPHERD MOUNTAIN. The smaller floor plan (286 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 1990, this home is 6 years older than the average comp, which is reflected in the adjustments. There are currently 5 similar homes on the market in SHEPHERD MOUNTAIN, ranging from $1,150,000 to $2,750,000. The trend in 78730 shows prices have fallen 7.2% in the past 6 months. 6600 W Courtyard DR, Austin TX 78730 nearby adjusts to $1,350,495; with a larger floor plan. With 3 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