1125 Terry dr DR # 2, Austin TX 78721

Taking into account 7 nearby comparable sales, this property's estimated value comes to $477,404. If we were to list this property today, I'd recommend a list price in the $468,000 to $487,000 range. Buyers shopping in HOBBS right now would see this as a well positioned option among 7 comparable homes. This home's smaller footprint (842 sqft vs the comp average) plays a role in how the market prices it. Lot size matters here: 0.08 acres versus 0.15 for the typical comp. Current inventory shows 7 comparable homes in HOBBS; a buyer's market based on recent absorption. The 6 month price trend in 78721: risen 8.9%. The best comp here is 5607 Tura LN # 1, Austin TX 78721 at an adjusted value of $526,188, with a larger floor plan. 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