12517 Lamplight Village Ave, Austin TX 78727

After reviewing 6 recent transactions in LAMPLIGHT, I estimate this property's value at $376,657. A competitive list price for this home right now would fall in the $427,000 to $429,000 range. Relative to what's currently available in LAMPLIGHT, this home would be the 2nd least expensive of 5 comparable homes on the market. The larger lot (0.22 acres versus the area average of 0.18) contributes to the valuation. With 5 similar homes currently listed in LAMPLIGHT (a buyer's market), competition is a factor to consider. Prices in LAMPLIGHT have fallen 1.7% over the last 6 months. A similar home at 12506 Limerick Ave, Austin TX 78727 carries an adjusted comparable value of $390,965, providing a strong data point. With 6 comparable sales in LAMPLIGHT, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group