3312 WERNER Ave, Austin TX 78722

Reviewing the most recent comparable transactions, this home's market value falls around $483,963. For a well positioned listing in UNIVERSITY PARK, I'd target the $253,000 to $263,000 range. In the current UNIVERSITY PARK market with 6 similar homes available, this price represents the 3rd most expensive of 6 comparable homes on the market. At 130 sqft larger than the typical comp, the size difference factors into the valuation. The 1935 construction puts this home 7 years older than the comp average, a factor in the pricing. Buyers in UNIVERSITY PARK have 6 comparable options right now, with asking prices between $219,900 and $995,000. Recent trends in UNIVERSITY PARK show home values have fallen 3.7% since 6 months ago. The most comparable recent sale is 3713 Robinson Ave, Austin TX 78722, with an adjusted value of $503,521; with a smaller floor plan. 3 comparable transactions in UNIVERSITY PARK support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group