3703 Robinson Ave, Austin TX 78722

Based on 7 closed sales in UNIVERSITY PARK, the data points to a value around $420,453 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $322,000 to $332,000. Relative to what's currently available in UNIVERSITY PARK, this home would be the 2nd least expensive of 4 comparable homes on the market. The 243 sqft size difference versus comparable sales is reflected in the adjusted values. Being built in 1940 (8 years older than comps) is factored into the value estimate. With 4 similar homes currently listed in UNIVERSITY PARK (a buyer's market), competition is a factor to consider. Market data shows UNIVERSITY PARK prices fallen 6.2% over the last half year. The closest comparable sale, 3313 Hollywood Ave, Austin TX 78722 at an adjusted $331,725, is a strong comparable. 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