8905 Bell Mountain DR, Austin TX 78730

My analysis of 7 comparable properties puts this home's estimated value at $700,495. Based on how the local market is moving, a list price between $495,000 and $505,000 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 -A's current inventory. At 124 years older than typical comps, the 1875 build date influences the valuation. The larger lot (1.25 acres versus the area average of 0.60) contributes to the valuation. Right now, 7 similar properties are competing for buyers in LONG CANYON -A, listed between $495,000 and $1,152,000. The 6 month price trend in 78730: fallen 7.2%. The best comp here is 6505 Epping Forest CV, Austin TX 78730 at an adjusted value of $959,541, with a larger floor plan. With 7 comparable sales in LONG CANYON -A, 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