3708 Werner Ave, Austin TX 78722

The market data from 6 similar recent sales in UNIVERSITY PARK points to a value of approximately $464,896. To sell within a reasonable timeframe at fair market value, the $332,000 to $342,000 range is where I'd position this. At this price, the property would be the 3rd most expensive of 7 comparable homes on the market comparable homes currently on the market in UNIVERSITY PARK. The 1951 construction puts this home 6 years newer than the comp average, a factor in the pricing. The active market in UNIVERSITY PARK includes 7 comparable homes priced from $325,000 to $559,000. In UNIVERSITY PARK, home values have fallen approximately 14.4% over the past 6 months. One of the strongest data points is 3303 Hollywood Ave, Austin TX 78722, adjusting to $438,726; a strong comparable. The 6 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group