9218 LEANING ROCK CTR, Austin TX 78730

My analysis of 7 comparable properties puts this home's estimated value at $1,152,682. Based on how the local market is moving, a list price between $903,000 and $913,000 would position this home well. Relative to what's currently available in LONG CANYON II, this home would be the 2nd most expensive of 7 comparable homes on the market. Having a pool is a plus; 4 of the 7 comps lacked one. The larger lot (1.50 acres versus the area average of 0.27) contributes to the valuation. Current inventory shows 7 comparable homes in LONG CANYON II; a buyer's market based on recent absorption. The 6 month price trend in 78730: fallen 7.2%. The best comp here is 9805 Drip Rock LN, Austin TX 78730 at an adjusted value of $986,109, with no pool. With 7 comparable sales in LONG CANYON II, 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