6 Long Creek RD, Austin TX 78737

The estimated value of this property is $825,535, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $601,000 and $611,000. With 5 comparable homes on the market in HERITAGE OAKS, this price positions the property as the most expensive of 5 comparable homes on the market. This home's smaller footprint (534 sqft vs the comp average) plays a role in how the market prices it. Built in 2004, this home is 11 years newer than the average comp, which is reflected in the adjustments. Current inventory shows 5 comparable homes in HERITAGE OAKS; a balanced market based on recent absorption. Recent trends in HERITAGE OAKS show home values have fallen 5.7% since 6 months ago. The most comparable recent sale is 16 Tall Oaks TRL, Austin TX 78737, with an adjusted value of $772,269; 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