5709 TURA LN # 1, Austin TX 78721

The market data from 7 similar recent sales in HOBBS points to a value of approximately $554,374. To sell within a reasonable timeframe at fair market value, the $581,000 to $591,000 range is where I'd position this. In the current HOBBS market with 4 similar homes available, this price represents the 0th most expensive of 4 comparable homes on the market. The 141 sqft size difference versus comparable sales is reflected in the adjusted values. The 2021 construction puts this home 6 years newer than the comp average, a factor in the pricing. The active market in HOBBS includes 4 comparable homes priced from $469,000 to $525,000. In 78721, home values have fallen approximately 13% over the past 6 months. One of the strongest data points is 1120 Omega Ave # 1, Austin TX 78721, adjusting to $590,553; a strong comparable. The 7 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