5709 TURA LN # 1, Austin TX 78721

The market data from 5 similar recent sales in HOBBS points to a value of approximately $538,305. To sell within a reasonable timeframe at fair market value, the $289,000 to $299,000 range is where I'd position this. In the current HOBBS market with 7 similar homes available, this price represents the 2nd most expensive of 7 comparable homes on the market. The 115 sqft size difference versus comparable sales is reflected in the adjusted values. The 2021 construction puts this home 8 years newer than the comp average, a factor in the pricing. The active market in HOBBS includes 7 comparable homes priced from $295,000 to $569,900. In 78721, home values have fallen approximately 16.1% over the past 6 months. One of the strongest data points is 2708 Kingsland WAY, Austin TX 78725, adjusting to $547,749; a strong comparable. The 5 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group