388 Long Mountain, Buchanan Dam TX 78611

The market data from 5 similar recent sales in LONG MOUNTAIN ESTATES points to a value of approximately $637,395. To sell within a reasonable timeframe at fair market value, the $964,000 to $1,064,000 range is where I'd position this. In the current LONG MOUNTAIN ESTATES market with 1 similar homes available, this price represents below the only comparable home currently on the market. At 1,166 sqft smaller than the typical comp, the size difference factors into the valuation. The 1960 construction puts this home 24 years older than the comp average, a factor in the pricing. 1 similar homes are currently available in LONG MOUNTAIN ESTATES, creating a buyer's market for this price range. In 78611, home values have risen approximately 0.1% over the past 6 months. One of the strongest data points is 207 N River Oaks DR, Burnet TX 78611, adjusting to $126,682; with a larger floor plan. 5 comparable transactions in LONG MOUNTAIN ESTATES 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