3803 Tonkawa TRL # 1, Austin TX 78756

Based on 7 closed sales in 78756, the data points to a value around $669,118 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $656,000 to $683,000. Buyers shopping in 78756 right now would see this as a well positioned option among 3 comparable homes. Being built in 1997 (11 years older than comps) is factored into the value estimate. With 3 similar homes currently listed in 78756 (a buyer's market), competition is a factor to consider. Market data shows 78756 prices risen 7.5% over the last half year. The closest comparable sale, 3818 Ridgelea DR # B, Austin TX 78731 at an adjusted $796,373, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in 78756. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group