1124 Christie DR, Austin TX 78721

Reviewing the most recent comparable transactions, this home's market value falls around $274,039. For a well positioned listing in HOBBS, I'd target the $202,000 to $212,000 range. With 3 comparable homes on the market in HOBBS, this price positions the property as the 2nd most expensive of 3 comparable homes on the market. Being 446 sqft smaller than the average comparable sale in this area impacts the per square foot value. At 0.13 acres, the lot is smaller than the 0.20 acre comp average, which factors into pricing. Current inventory shows 3 comparable homes in HOBBS; a buyer's market based on recent absorption. Recent trends in 78721 show home values have risen 11.2% since 6 months ago. The most comparable recent sale is 1118 Richardine Ave, Austin TX 78721, with an adjusted value of $229,925; a strong comparable. 7 comparable transactions in HOBBS support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group