2808 Lafayette Ave, Austin TX 78722

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $993,170. I'd recommend coming to market at $724,000 to $734,000 to strike the right balance between value and market velocity. In the current NOWLIN HEIGHTS market with 3 similar homes available, this price represents the most expensive of 3 comparable homes on the market. The 0.14 acre lot (larger than the 0.08 acre average) is reflected in the estimate. There are currently 3 similar homes on the market in NOWLIN HEIGHTS, ranging from $745,000 to $1,150,000. The trend in 78722 shows prices have fallen 11.5% in the past 6 months. 1937 Littlefield ST, Austin TX 78723 nearby adjusts to $959,599; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group