11500 Hobbiton TRL, Austin TX 78739

Based on 3 closed sales in SHADY HOLLOW, the data points to a value around $795,694 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $780,000 to $812,000. This would position the home competitively among 4 active listings in SHADY HOLLOW. The larger floor plan (185 sqft compared to the average comp) is a meaningful differentiator in this price range. Lot size matters here: 0.55 acres versus 0.40 for the typical comp. Current inventory shows 4 comparable homes in SHADY HOLLOW; a seller's market based on recent absorption. Market data shows SHADY HOLLOW prices fallen 0.4% over the last half year. The closest comparable sale, 11720 Hobbiton TRL, Austin TX 78739 at an adjusted $701,936, is a strong comparable. The strength of this estimate comes from 3 directly comparable sales in SHADY HOLLOW. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group