1106 Lambie ST # B, Austin TX 78702

My analysis of 4 comparable properties puts this home's estimated value at $698,457. Based on how the local market is moving, a list price between $597,000 and $607,000 would position this home well. Buyers shopping in ELM GROVE right now would see this as a well positioned option among 6 comparable homes. The 273 sqft size difference versus comparable sales is reflected in the adjusted values. At 5 years older than typical comps, the 2015 build date influences the valuation. With 6 similar homes currently listed in ELM GROVE (a buyer's market), competition is a factor to consider. The 6 month price trend in 78702: fallen 4.8%. The best comp here is 1601 Canterbury ST # 2, Austin TX 78702 at an adjusted value of $655,370, with a larger floor plan. The comp data here (4 sales in ELM GROVE) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus