Based on 5 closed sales in TORO CREEK, the data points to a value around $849,629 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $824,000 to $875,000. This pricing would rank the home as the 2nd most expensive of 3 comparable homes on the market in TORO CREEK's current inventory. The 306 sqft size difference versus comparable sales is reflected in the adjusted values. Being built in 2003 (7 years newer than comps) is factored into the value estimate. There are currently 3 similar homes on the market in TORO CREEK, ranging from $800,000 to $1,100,000. Market data shows 78759 prices risen 14.8% over the last half year. The closest comparable sale, 10511 Skyflower DR, Austin TX 78759 at an adjusted $1,032,191, is with a larger floor plan. This estimate draws on 5 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help.
Ed Neuhaus