3503 Lafayette Ave, Austin TX 78722

Based on 7 closed sales in 78722, the data points to a value around $605,458 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $473,000 to $483,000. This home's position in the current 78722 market: the 3rd most expensive of 7 comparable homes on the market among comparable properties. Lot size matters here: 0.00 acres versus 0.15 for the typical comp. With 7 similar homes currently listed in 78722 (a balanced market), competition is a factor to consider. Market data shows 78722 prices fallen 7.6% over the last half year. The closest comparable sale, 3712 Werner Ave, Austin TX 78722 at an adjusted $681,242, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in 78722. 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