3211 Lafayette Ave, Austin TX 78722

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $728,133. To generate strong buyer interest while maximizing value, I'd price this between $541,000 and $551,000. Among the similar homes currently available in LAFAYETTE HEIGHTS, this price point stands out as competitive. The pool is a differentiator here, since 5 of 6 comparable sales didn't include one. The 1940 construction puts this home 7 years older than the comp average, a factor in the pricing. Current inventory shows 3 comparable homes in LAFAYETTE HEIGHTS; a buyer's market based on recent absorption. The trend in 78722 shows prices have fallen 12.6% in the past 6 months. 3811 Cherrywood RD, Austin TX 78722 nearby adjusts to $849,614; with no pool. The 6 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group