3807 Toro Canyon RD, Austin TX 78746

After reviewing 4 recent transactions in 78746, I estimate this property's value at $1,688,996. A competitive list price for this home right now would fall in the $2,104,000 to $2,278,000 range. Buyers shopping in 78746 right now would see this as a well positioned option among 7 comparable homes. The larger floor plan (311 sqft compared to the average comp) is a meaningful differentiator in this price range. The larger lot (0.67 acres versus the area average of 0.38) contributes to the valuation. 7 similar homes are currently available in 78746, creating a buyer's market for this price range. Prices in 78746 have risen 24.6% over the last 6 months. A similar home at 6628 Dogwood Creek DR, Austin TX 78746 carries an adjusted comparable value of $1,984,793, providing a strong data point. With 4 comparable sales in 78746, 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