11716 Hobbiton TRL, Austin TX 78739

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $758,036. I'd recommend coming to market at $809,000 to $819,000 to strike the right balance between value and market velocity. Against 4 similar active listings in SHADY HOLLOW, this price point lands at the 2nd most expensive of 4 comparable homes on the market. The larger floor plan (169 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 1992, this home is 6 years newer than the average comp, which is reflected in the adjustments. There are currently 4 similar homes on the market in SHADY HOLLOW, ranging from $699,000 to $770,000. The trend in SHADY HOLLOW shows prices have fallen 1.6% in the past 6 months. 3803 Frodo CV, Austin TX 78739 nearby adjusts to $818,812; with a smaller floor plan and a pool. Based on 7 relevant data points in SHADY HOLLOW, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX