12801 Esplanade ST, Austin TX 78727

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $345,437. To generate strong buyer interest while maximizing value, I'd price this between $410,000 and $414,000. In the current LAMPLIGHT market with 7 similar homes available, this price represents the 2nd least expensive of 7 comparable homes on the market. The 109 sqft size difference versus comparable sales is reflected in the adjusted values. At 0.00 acres, the lot is smaller than the 0.19 acre comp average, which factors into pricing. The active market in LAMPLIGHT includes 7 comparable homes priced from $310,000 to $479,900. The trend in LAMPLIGHT shows prices have risen 6.5% in the past 6 months. 13005 Powderhorn ST, Austin TX 78727 nearby adjusts to $257,142; with a smaller 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