3500 Lafayette Ave, Austin TX 78722

The comparable sales data (7 recent transactions in UNIVERSITY PARK) supports an estimated value of $561,560. The data suggests a list price between $665,000 and $743,000 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 affordable of 3 comparable homes on the market. Being 316 sqft larger than the average comparable sale in this area impacts the per square foot value. Lot size matters here: 0.15 acres versus 0.11 for the typical comp. There are currently 3 similar homes on the market in UNIVERSITY PARK, ranging from $699,000 to $875,000. Prices in UNIVERSITY PARK have fallen 14.4% over the last 6 months. A similar home at 3506 Lafayette Ave, Austin TX 78722 carries an adjusted comparable value of $664,601, 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