4400 RIVER GARDEN TRL, Austin TX 78746

My analysis of 3 comparable properties puts this home's estimated value at $7,172,645. Based on how the local market is moving, a list price between $5,371,000 and $5,381,000 would position this home well. Buyers shopping in 78746 right now would see this as a well positioned option among 3 comparable homes. Being 2,186 sqft larger than the average comparable sale in this area impacts the per square foot value. The larger lot (1.10 acres versus the area average of 1.02) contributes to the valuation. Current inventory shows 3 comparable homes in 78746; a buyer's market based on recent absorption. The 6 month price trend in 78746: fallen 7%. The best comp here is 3208 Rain Dance CV, Austin TX 78746 at an adjusted value of $3,667,737, with a smaller floor plan. With 3 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