2804 Lafayette Ave # 1, Austin TX 78722

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $611,463. I'd recommend coming to market at $764,000 to $767,000 to strike the right balance between value and market velocity. In the current TBD ONCE CONDO DOCS ARE FILED market with 7 similar homes available, this price represents the 2nd least expensive of 7 comparable homes on the market. The pool is a standout feature, with 4 of 4 comparable homes not offering one. Built in 2023, this home is 8 years newer than the average comp, which is reflected in the adjustments. Current inventory shows 7 comparable homes in TBD ONCE CONDO DOCS ARE FILED; a buyer's market based on recent absorption. The trend in 78722 shows prices have fallen 16.4% in the past 6 months. 3505 Banton RD # A, Austin TX 78722 nearby adjusts to $579,768; with no pool. Based on 4 relevant data points in TBD ONCE CONDO DOCS ARE FILED, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX