12709 Rampart ST, Austin TX 78727

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $384,331. I'd recommend coming to market at $414,000 to $426,000 to strike the right balance between value and market velocity. Against 5 similar active listings in LAMPLIGHT, this price point lands at the 2nd least expensive of 5 comparable homes on the market. Being 228 sqft larger than the average comparable sale in this area impacts the per square foot value. Current inventory shows 5 comparable homes in LAMPLIGHT; a buyer's market based on recent absorption. The trend in LAMPLIGHT shows prices have risen 6.5% in the past 6 months. 12506 Limerick Ave, Austin TX 78727 nearby adjusts to $392,635; a strong comparable. Based on 7 relevant data points in LAMPLIGHT, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX