1122 Christie DR, Austin TX 78721

Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $378,031. I'd recommend coming to market at $225,000 to $235,000 to strike the right balance between value and market velocity. At this price, the property would be the 2nd most expensive of 5 comparable homes on the market comparable homes currently on the market in HOBBS. This home's smaller footprint (178 sqft vs the comp average) plays a role in how the market prices it. Built in 1940, this home is 41 years older than the average comp, which is reflected in the adjustments. Buyers in HOBBS have 5 comparable options right now, with asking prices between $230,000 and $649,999. The trend in 78721 shows prices have fallen 5% in the past 6 months. 1110 Christie DR, Austin TX 78721 nearby adjusts to $399,000; with a larger floor plan. Based on 7 relevant data points in HOBBS, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX