2309 Lafayette Ave, Austin TX 78722

Taking into account 7 nearby comparable sales, this property's estimated value comes to $370,771. If we were to list this property today, I'd recommend a list price in the $363,000 to $378,000 range. This pricing would rank the home as the 2nd least expensive of 4 comparable homes on the market in NOWLIN HEIGHTS's current inventory. The smaller floor plan (258 sqft compared to the average comp) is a meaningful differentiator in this price range. Being built in 1928 (15 years older than comps) is factored into the value estimate. There are currently 4 similar homes on the market in NOWLIN HEIGHTS, ranging from $300,000 to $467,900. The 6 month price trend in 78722: risen 11.1%. The best comp here is 1723 E 38th ST, Austin TX 78722 at an adjusted value of $432,326, a strong comparable. The strength of this estimate comes from 7 directly comparable sales in NOWLIN HEIGHTS. 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