3705 Robinson Ave, Austin TX 78722

The market data from 7 similar recent sales in UNIVERSITY PARK points to a value of approximately $584,091. To sell within a reasonable timeframe at fair market value, the $763,000 to $801,000 range is where I'd position this. In the current UNIVERSITY PARK market with 7 similar homes available, this price represents the most affordable of 7 comparable homes on the market. The larger floor plan (670 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1957 construction puts this home 7 years newer than the comp average, a factor in the pricing. Current inventory shows 7 comparable homes in UNIVERSITY PARK; a balanced market based on recent absorption. In UNIVERSITY PARK, home values have fallen approximately 3.7% over the past 6 months. One of the strongest data points is 3506 Lafayette Ave, Austin TX 78722, adjusting to $753,638; with a smaller floor plan. 7 comparable transactions in UNIVERSITY PARK support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group