3400 Werner Ave, Austin TX 78722

The comparable sales data (7 recent transactions in UNIVERSITY PARK) supports an estimated value of $513,964. The data suggests a list price between $598,000 and $671,000 would attract qualified buyers without leaving money on the table. This pricing would rank the home as the 2nd least expensive of 7 comparable homes on the market in UNIVERSITY PARK's current inventory. This home's larger footprint (386 sqft vs the comp average) plays a role in how the market prices it. Being built in 1939 (6 years older than comps) is factored into the value estimate. The active market in UNIVERSITY PARK includes 7 comparable homes priced from $525,000 to $825,000. Prices in UNIVERSITY PARK have fallen 3.7% over the last 6 months. A similar home at 3500 Lafayette Ave, Austin TX 78722 carries an adjusted comparable value of $516,025, providing a strong data point. The strength of this estimate comes from 7 directly comparable sales in UNIVERSITY PARK. 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