Based on 3 closed sales in LONG CANYON, the data points to a value around $1,618,332 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $1,570,000 to $1,667,000. Relative to what's currently available in LONG CANYON, this home would be below the only comparable home currently on the market. A pool adds market appeal. Only 3 minus 1 of the comps had one. Lot size matters here: 1.67 acres versus 1.06 for the typical comp. Current inventory shows 1 comparable homes in LONG CANYON; a buyer's market based on recent absorption. Market data shows 78730 prices risen 2% over the last half year. The closest comparable sale, 8001 Bell Mountain DR, Austin TX 78730 at an adjusted $1,383,225, is with a smaller floor plan. The strength of this estimate comes from 3 directly comparable sales in LONG CANYON. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available.
Ed Neuhaus, Neuhaus Realty Group