4908 Rowena Ave # A, Austin TX 78751

Based on 5 closed sales in HEGMAN, the data points to a value around $462,223 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $190,000 to $200,000. This home's position in the current HEGMAN market: the 4th most expensive of 7 comparable homes on the market among comparable properties. The 147 sqft size difference versus comparable sales is reflected in the adjusted values. Being built in 1964 (14 years newer than comps) is factored into the value estimate. With 7 similar homes currently listed in HEGMAN (a balanced market), competition is a factor to consider. Market data shows HEGMAN prices risen 1.4% over the last half year. The closest comparable sale, 932 E 53 1/2 ST, Austin TX 78751 at an adjusted $366,428, is a strong comparable. The strength of this estimate comes from 5 directly comparable sales in HEGMAN. 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