12701 Esplanade ST, Austin TX 78727

Reviewing the most recent comparable transactions, this home's market value falls around $333,359. For a well positioned listing in LAMPLIGHT, I'd target the $236,000 to $246,000 range. In the current LAMPLIGHT market with 4 similar homes available, this price represents the 2nd most expensive of 4 comparable homes on the market. At 164 sqft smaller than the typical comp, the size difference factors into the valuation. Right now, 4 similar properties are competing for buyers in LAMPLIGHT, listed between $249,900 and $385,000. Recent trends in LAMPLIGHT show home values have risen 6.5% since 6 months ago. The most comparable recent sale is 1907 Dauphine CV, Austin TX 78727, with an adjusted value of $340,596; with a larger floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group