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 $431,453. I'd recommend coming to market at $351,000 to $361,000 to strike the right balance between value and market velocity. Against 7 similar active listings in LAFAYETTE HEIGHTS, this price point lands at the 2nd least expensive of 7 comparable homes on the market. Built in 1940, this home is 6 years older than the average comp, which is reflected in the adjustments. Right now, 7 similar properties are competing for buyers in LAFAYETTE HEIGHTS, listed between $299,990 and $995,000. The trend in 78722 shows prices have fallen 17.6% in the past 6 months. 3303 Hollywood Ave, Austin TX 78722 nearby adjusts to $468,000; 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