1118 Christie DR, Austin TX 78721

After reviewing 4 recent transactions in HOBBS, I estimate this property's value at $448,688. A competitive list price for this home right now would fall in the $195,000 to $205,000 range. Relative to what's currently available in HOBBS, this home would be the 2nd most expensive of 7 comparable homes on the market. At 8 years older than typical comps, the 2002 build date influences the valuation. Right now, 7 similar properties are competing for buyers in HOBBS, listed between $185,000 and $899,990. Prices in 78721 have risen 9.4% over the last 6 months. A similar home at 6516 Bay City BND, Austin TX 78725 carries an adjusted comparable value of $425,409, providing a strong data point. With 4 comparable sales in HOBBS, 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