108 E 47th ST, Austin TX 78751

Reviewing the most recent comparable transactions, this home's market value falls around $617,365. For a well positioned listing in HEGMAN, I'd target the $692,000 to $716,000 range. At this price, the property would be the 2nd least expensive of 6 comparable homes on the market comparable homes currently on the market in HEGMAN. At 0.00 acres, the lot is smaller than the 0.17 acre comp average, which factors into pricing. Right now, 6 similar properties are competing for buyers in HEGMAN, listed between $595,000 and $1,185,000. Recent trends in 78751 show home values have risen 5.8% since 6 months ago. The most comparable recent sale is 919 Gene Johnson ST, Austin TX 78751, with an adjusted value of $648,627; 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