12503 Lamppost LN, Austin TX 78727

The estimated value of this property is $349,068, based on 4 comparable sales within a few blocks. In today's market, I'd bring this home to market somewhere between $300,000 and $310,000. In the current LAMPLIGHT market with 5 similar homes available, this price represents the 2nd least expensive of 5 comparable homes on the market. The larger floor plan (175 sqft compared to the average comp) is a meaningful differentiator in this price range. The 0.29 acre lot (larger than the 0.25 acre average) is reflected in the estimate. With 5 similar homes currently listed in LAMPLIGHT (a buyer's market), competition is a factor to consider. Recent trends in LAMPLIGHT show home values have risen 6.5% since 6 months ago. The most comparable recent sale is 12503 Brandywine CT, Austin TX 78727, with an adjusted value of $352,076; a strong comparable. With 4 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