3214 Lafayette Ave, Austin TX 78722

Based on 6 closed sales in LAFAYETTE HEIGHTS, the data points to a value around $645,721 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $406,000 to $416,000. Buyers shopping in LAFAYETTE HEIGHTS right now would see this as a well positioned option among 4 comparable homes. Being built in 1941 (6 years older than comps) is factored into the value estimate. The active market in LAFAYETTE HEIGHTS includes 4 comparable homes priced from $350,000 to $775,000. Market data shows 78722 prices fallen 11.5% over the last half year. The closest comparable sale, 2906 French PL, Austin TX 78722 at an adjusted $731,789, is a strong comparable. The strength of this estimate comes from 6 directly comparable sales in LAFAYETTE HEIGHTS. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group