8012 Long Canyon DR, Austin TX 78730

The market data from 7 similar recent sales in LONG CANYON points to a value of approximately $1,337,639. To sell within a reasonable timeframe at fair market value, the $1,065,000 to $1,075,000 range is where I'd position this. At this price, the property would be the 4th most expensive of 7 comparable homes on the market comparable homes currently on the market in LONG CANYON. The pool is a differentiator here, since 4 of 7 comparable sales didn't include one. At 1.65 acres, the lot is larger than the 0.95 acre comp average, which factors into pricing. Right now, 7 similar properties are competing for buyers in LONG CANYON, listed between $999,000 and $7,775,000. In LONG CANYON, home values have fallen approximately 30.7% over the past 6 months. One of the strongest data points is 8105 Bell Mountain DR, Austin TX 78730, adjusting to $1,426,628; a strong comparable. 7 comparable transactions in LONG CANYON support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group