3508 Hollywood Ave, Austin TX 78722

My analysis of 7 comparable properties puts this home's estimated value at $509,892. Based on how the local market is moving, a list price between $426,000 and $436,000 would position this home well. Buyers shopping in UNIVERSITY PARK right now would see this as a well positioned option among 7 comparable homes. Being 134 sqft larger than the average comparable sale in this area impacts the per square foot value. At 18 years older than typical comps, the 1930 build date influences the valuation. With 7 similar homes currently listed in UNIVERSITY PARK (a balanced market), competition is a factor to consider. The 6 month price trend in UNIVERSITY PARK: fallen 37.1%. The best comp here is 3712 Werner Ave, Austin TX 78722 at an adjusted value of $666,521, a strong comparable. 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