3404 Lafayette Ave, Austin TX 78722

The market data from 3 similar recent sales in RAVEN points to a value of approximately $1,341,776. To sell within a reasonable timeframe at fair market value, the $1,335,000 to $1,393,000 range is where I'd position this. At this price, the property would be no active comparable homes on the market comparable homes currently on the market in RAVEN. At 327 sqft smaller than the typical comp, the size difference factors into the valuation. In 78722, home values have fallen approximately 10.9% over the past 6 months. One of the strongest data points is 4208 Scales ST, Austin TX 78723, adjusting to $1,392,775; with a larger floor plan. The 3 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