2807 Lafayette Ave, Austin TX 78722

After reviewing 4 recent transactions in NOWLIN HEIGHTS, I estimate this property's value at $786,385. A competitive list price for this home right now would fall in the $554,000 to $564,000 range. This would position the home competitively among 7 active listings in NOWLIN HEIGHTS. The larger floor plan (310 sqft compared to the average comp) is a meaningful differentiator in this price range. Current inventory shows 7 comparable homes in NOWLIN HEIGHTS; a buyer's market based on recent absorption. Prices in 78722 have fallen 12.6% over the last 6 months. A similar home at 3811 Cherrywood RD, Austin TX 78722 carries an adjusted comparable value of $909,950, providing a strong data point. The comp data here (4 sales in NOWLIN HEIGHTS) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus