12804 Lamppost LN, Austin TX 78727

The estimated value of this property is $344,777, based on 4 comparable sales within a few blocks. In today's market, I'd bring this home to market somewhere between $578,000 and $581,000. Against 7 similar active listings in LAMPLIGHT, this price point lands at the most affordable of 7 comparable homes on the market. The larger floor plan (370 sqft compared to the average comp) is a meaningful differentiator in this price range. The 0.00 acre lot (smaller than the 0.18 acre average) is reflected in the estimate. Right now, 7 similar properties are competing for buyers in LAMPLIGHT, listed between $449,000 and $729,000. Recent trends in LAMPLIGHT show home values have risen 6.5% since 6 months ago. The most comparable recent sale is 13004 Turkey RUN, Austin TX 78727, with an adjusted value of $327,040; with a smaller floor plan. Based on 4 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