1125 Terry dr DR # 2, Austin TX 78721

Taking into account 7 nearby comparable sales, this property's estimated value comes to $451,865. If we were to list this property today, I'd recommend a list price in the $376,000 to $386,000 range. Buyers shopping in HOBBS right now would see this as a well positioned option among 5 comparable homes. This home's smaller footprint (471 sqft vs the comp average) plays a role in how the market prices it. Being built in 2018 (10 years newer than comps) is factored into the value estimate. Current inventory shows 5 comparable homes in HOBBS; a buyer's market based on recent absorption. The 6 month price trend in 78721: fallen 5%. The best comp here is 5709 Tura LN # 2, Austin TX 78721 at an adjusted value of $313,732, a strong comparable. This estimate draws on 7 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