3317 TORO CANYON RD, Austin TX 78746

The market data from 7 similar recent sales in TORO CANYON points to a value of approximately $3,961,742. To sell within a reasonable timeframe at fair market value, the $3,498,000 to $3,508,000 range is where I'd position this. At this price, the property would be the 3rd least expensive of 7 comparable homes on the market comparable homes currently on the market in TORO CANYON. At 206 sqft larger than the typical comp, the size difference factors into the valuation. The 1993 construction puts this home 10 years older than the comp average, a factor in the pricing. 7 similar homes are currently available in TORO CANYON, creating a buyer's market for this price range. In 78746, home values have fallen approximately 7% over the past 6 months. One of the strongest data points is 5905 Bold Ruler WAY, Austin TX 78746, adjusting to $3,516,413; with a larger floor plan. 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