1117 Terry DR, Austin TX 78721

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $593,117. To generate strong buyer interest while maximizing value, I'd price this between $772,000 and $798,000. Among the similar homes currently available in HOBBS, this price point stands out as competitive. At 438 sqft larger than the typical comp, the size difference factors into the valuation. The 1951 construction puts this home 48 years older than the comp average, a factor in the pricing. Right now, 7 similar properties are competing for buyers in HOBBS, listed between $649,900 and $950,000. The trend in 78721 shows prices have fallen 6.5% in the past 6 months. 1110 Christie DR, Austin TX 78721 nearby adjusts to $592,496; with a smaller floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group