4302 Avenue A, Austin TX 78751

After reviewing 5 recent transactions in HYDE PARK NO, I estimate this property's value at $950,798. A competitive list price for this home right now would fall in the $716,000 to $726,000 range. This home's position in the current HYDE PARK NO market: the 3rd most expensive of 7 comparable homes on the market among comparable properties. At 153 sqft larger than the typical comp, the size difference factors into the valuation. The larger lot (0.20 acres versus the area average of 0.17) contributes to the valuation. Current inventory shows 7 comparable homes in HYDE PARK NO; a buyer's market based on recent absorption. Prices in 78751 have fallen 14% over the last 6 months. A similar home at 501 Park BLVD, Austin TX 78751 carries an adjusted comparable value of $1,250,406, providing a strong data point. With 5 comparable sales in HYDE PARK NO, 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