205 E 51st ST, Austin TX 78751

Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $985,518. I'd recommend coming to market at $765,000 to $775,000 to strike the right balance between value and market velocity. Among the similar homes currently available in HEGMAN, this price point stands out as competitive. The 860 sqft size difference versus comparable sales is reflected in the adjusted values. Built in 1935, this home is 34 years older than the average comp, which is reflected in the adjustments. Current inventory shows 7 comparable homes in HEGMAN; a balanced market based on recent absorption. The trend in HEGMAN shows prices have risen 1.4% in the past 6 months. 5008 Avenue H Ave, Austin TX 78751 nearby adjusts to $1,539,119; a strong comparable. Based on 7 relevant data points in HEGMAN, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX