3301 Lafayette Ave, Austin TX 78722

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $763,426. I'd recommend coming to market at $574,000 to $584,000 to strike the right balance between value and market velocity. In the current UPLAND market with 3 similar homes available, this price represents the most expensive of 3 comparable homes on the market. Being 158 sqft larger than the average comparable sale in this area impacts the per square foot value. Built in 1941, this home is 6 years older than the average comp, which is reflected in the adjustments. The active market in UPLAND includes 3 comparable homes priced from $525,000 to $799,000. The trend in 78722 shows prices have fallen 6.1% in the past 6 months. 3004 Breeze TER, Austin TX 78722 nearby adjusts to $806,064; with a smaller floor plan. With 3 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