12902 Irongate Ave, Austin TX 78727

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $389,245. To generate strong buyer interest while maximizing value, I'd price this between $456,000 and $483,000. In the current LAMPLIGHT market with 7 similar homes available, this price represents the 2nd least expensive of 7 comparable homes on the market. At 319 sqft larger than the typical comp, the size difference factors into the valuation. At 0.21 acres, the lot is larger than the 0.17 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in LAMPLIGHT; a buyer's market based on recent absorption. The trend in LAMPLIGHT shows prices have risen 7% in the past 6 months. 13108 Lamplight Village Ave, Austin TX 78727 nearby adjusts to $341,587; with a smaller floor plan. 3 comparable transactions in LAMPLIGHT support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group