1126 Terry DR, Austin TX 78721

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $377,974. To generate strong buyer interest while maximizing value, I'd price this between $367,000 and $389,000. With 7 comparable homes on the market in HOBBS, this price positions the property as the most affordable of 7 comparable homes on the market. At 367 sqft larger than the typical comp, the size difference factors into the valuation. Current inventory shows 7 comparable homes in HOBBS; a buyer's market based on recent absorption. The trend in 78721 shows prices have fallen 5% in the past 6 months. 1110 Christie DR, Austin TX 78721 nearby adjusts to $590,679; with a smaller floor plan. 3 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