5706 Tura LN, Austin TX 78721

After reviewing 3 recent transactions in HOBBS, I estimate this property's value at $311,011. A competitive list price for this home right now would fall in the $389,000 to $452,000 range. This pricing would rank the home as the 2nd least expensive of 7 comparable homes on the market in HOBBS's current inventory. At 12 years newer than typical comps, the 1982 build date influences the valuation. There are currently 7 similar homes on the market in HOBBS, ranging from $290,000 to $492,500. Prices in 78721 have risen 10% over the last 6 months. A similar home at 1104 Gardner CV, Austin TX 78721 carries an adjusted comparable value of $247,484, providing a strong data point. With 3 comparable sales in HOBBS, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group