3408 Werner Ave, Austin TX 78722

Based on 7 closed sales in UNIVERSITY PARK, the data points to a value around $667,994 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $648,000 to $688,000. Buyers shopping in UNIVERSITY PARK right now would see this as a well positioned option among 4 comparable homes. The larger floor plan (930 sqft compared to the average comp) is a meaningful differentiator in this price range. A pool adds market appeal. Only 7 minus 6 of the comps had one. Right now, 4 similar properties are competing for buyers in UNIVERSITY PARK, listed between $745,000 and $954,000. Market data shows UNIVERSITY PARK prices fallen 3.7% over the last half year. The closest comparable sale, 3312 Lafayette Ave, Austin TX 78722 at an adjusted $661,445, is with a smaller floor plan and no pool. 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