12501 Lamppost LN, Austin TX 78727

The market data from 7 similar recent sales in LAMPLIGHT points to a value of approximately $351,382. To sell within a reasonable timeframe at fair market value, the $402,000 to $405,000 range is where I'd position this. Among the similar homes currently available in LAMPLIGHT, this price point stands out as competitive. The 156 sqft size difference versus comparable sales is reflected in the adjusted values. At 0.25 acres, the lot is larger than the 0.22 acre comp average, which factors into pricing. With 4 similar homes currently listed in LAMPLIGHT (a buyer's market), competition is a factor to consider. In LAMPLIGHT, home values have risen approximately 6.5% over the past 6 months. One of the strongest data points is 13005 Powderhorn ST, Austin TX 78727, adjusting to $277,140; a strong comparable. 7 comparable transactions in LAMPLIGHT support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group