8701 Bell Mountain DR, Austin TX 78730

My analysis of 3 comparable properties puts this home's estimated value at $1,356,071. Based on how the local market is moving, a list price between $955,000 and $965,000 would position this home well. This pricing would rank the home as the 3rd most expensive of 7 comparable homes on the market in LONG CANYON's current inventory. The larger lot (1.80 acres versus the area average of 1.13) contributes to the valuation. With 7 similar homes currently listed in LONG CANYON (a balanced market), competition is a factor to consider. The 6 month price trend in LONG CANYON: fallen 35.2%. The best comp here is 8001 Bell Mountain DR, Austin TX 78730 at an adjusted value of $1,281,001, with a larger floor plan. With 3 comparable sales in LONG CANYON, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group