3412 Robinson Ave, Austin TX 78722

Reviewing the most recent comparable transactions, this home's market value falls around $408,235. For a well positioned listing in UNIVERSITY PARK, I'd target the $352,000 to $362,000 range. Against 7 similar active listings in UNIVERSITY PARK, this price point lands at the 2nd least expensive of 7 comparable homes on the market. This home's smaller footprint (104 sqft vs the comp average) plays a role in how the market prices it. The 1935 construction puts this home 8 years older than the comp average, a factor in the pricing. With 7 similar homes currently listed in UNIVERSITY PARK (a buyer's market), competition is a factor to consider. Recent trends in UNIVERSITY PARK show home values have fallen 6.2% since 6 months ago. The most comparable recent sale is 3313 Hollywood Ave, Austin TX 78722, with an adjusted value of $350,760; a strong comparable. The 4 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group