8508 BELL MOUNTAIN DR, Austin TX 78730

The market data from 7 similar recent sales in LONG CANYON points to a value of approximately $1,161,232. To sell within a reasonable timeframe at fair market value, the $1,290,000 to $1,341,000 range is where I'd position this. With 7 comparable homes on the market in LONG CANYON, this price positions the property as the 3rd least expensive of 7 comparable homes on the market. The 1989 construction puts this home 5 years newer than the comp average, a factor in the pricing. At 1.03 acres, the lot is larger than the 0.77 acre comp average, which factors into pricing. Buyers in LONG CANYON have 7 comparable options right now, with asking prices between $1,050,000 and $7,775,000. In 78730, home values have risen approximately 4.6% over the past 6 months. One of the strongest data points is 6609 Serena CV, Austin TX 78730, adjusting to $1,057,902; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group