5709 Tura LN # 2, Austin TX 78721

Based on 7 closed sales in HOBBS, the data points to a value around $525,774 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $248,000 to $258,000. This would position the home competitively among 7 active listings in HOBBS. At 405 sqft smaller than the typical comp, the size difference factors into the valuation. Being built in 2021 (15 years newer than comps) is factored into the value estimate. Buyers in HOBBS have 7 comparable options right now, with asking prices between $269,000 and $595,000. Market data shows 78721 prices fallen 16.1% over the last half year. The closest comparable sale, 5203 Star Light TER # 2, Austin TX 78721 at an adjusted $528,055, is with a larger floor plan. The strength of this estimate comes from 7 directly comparable sales in HOBBS. 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