3506 Werner Ave, Austin TX 78722

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $623,658. Pricing this home between $883,000 and $941,000 would put it in the competitive sweet spot for UNIVERSITY PARK. This pricing would rank the home as the most affordable of 6 comparable homes on the market in UNIVERSITY PARK's current inventory. The 1,186 sqft size difference versus comparable sales is reflected in the adjusted values. At 8 years older than typical comps, the 1940 build date influences the valuation. Current inventory shows 6 comparable homes in UNIVERSITY PARK; a balanced market based on recent absorption. Market data shows UNIVERSITY PARK prices fallen 3.7% over the last half year. The closest comparable sale, 3500 Lafayette Ave, Austin TX 78722 at an adjusted $654,364, is with a smaller floor plan. With 7 comparable sales in UNIVERSITY PARK, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group