3500 Lafayette Ave, Austin TX 78722

The comparable sales data (3 recent transactions in UNIVERSITY PARK) supports an estimated value of $761,872. The data suggests a list price between $575,000 and $585,000 would attract qualified buyers without leaving money on the table. Relative to what's currently available in UNIVERSITY PARK, this home would be the most expensive of 7 comparable homes on the market. Lot size matters here: 0.15 acres versus 0.11 for the typical comp. There are currently 7 similar homes on the market in UNIVERSITY PARK, ranging from $589,000 to $825,000. Prices in UNIVERSITY PARK have fallen 27.2% over the last 6 months. A similar home at 3409 Robinson Ave, Austin TX 78722 carries an adjusted comparable value of $872,326, providing a strong data point. The strength of this estimate comes from 3 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