3807 TORO CANYON DR # 8, Austin TX 78746

The estimated value of this property is $1,406,407, based on 3 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $1,764,000 and $2,206,000. In the current 78746 market with 3 similar homes available, this price represents the most affordable of 3 comparable homes on the market. The larger floor plan (105 sqft compared to the average comp) is a meaningful differentiator in this price range. The 0.00 acre lot (smaller than the 0.29 acre average) is reflected in the estimate. With 3 similar homes currently listed in 78746 (a buyer's market), competition is a factor to consider. Recent trends in 78746 show home values have risen 7.1% since 6 months ago. The most comparable recent sale is 4501 Westlake DR # 13, Austin TX 78746, with an adjusted value of $1,284,056; a strong comparable. With 3 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group