12528 ESPLANADE ST, Austin TX 78727

After reviewing 7 recent transactions in LAMPLIGHT, I estimate this property's value at $371,375. A competitive list price for this home right now would fall in the $320,000 to $330,000 range. Buyers shopping in LAMPLIGHT right now would see this as a well positioned option among 6 comparable homes. The smaller lot (0.00 acres versus the area average of 0.18) contributes to the valuation. 6 similar homes are currently available in LAMPLIGHT, creating a buyer's market for this price range. Prices in LAMPLIGHT have risen 6% over the last 6 months. A similar home at 1901 Bienville ST, Austin TX 78727 carries an adjusted comparable value of $339,473, providing a strong data point. The comp data here (7 sales in LAMPLIGHT) 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