3002 Lafayette Ave, Austin TX 78722

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $437,668. I'd recommend coming to market at $273,000 to $283,000 to strike the right balance between value and market velocity. Against 3 similar active listings in LAFAYETTE HEIGHTS, this price point lands at the most expensive of 3 comparable homes on the market. Built in 1940, this home is 7 years older than the average comp, which is reflected in the adjustments. Right now, 3 similar properties are competing for buyers in LAFAYETTE HEIGHTS, listed between $269,990 and $565,000. The trend in 78722 shows prices have fallen 1.5% in the past 6 months. 4319 Airport BLVD, Austin TX 78722 nearby adjusts to $443,298; a strong comparable. With 6 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