12906 Powderhorn ST, Austin TX 78727

Based on 7 closed sales in LAMPLIGHT, the data points to a value around $356,855 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $295,000 to $305,000. Buyers shopping in LAMPLIGHT right now would see this as a well positioned option among 3 comparable homes. The 111 sqft size difference versus comparable sales is reflected in the adjusted values. Lot size matters here: 0.16 acres versus 0.19 for the typical comp. Current inventory shows 3 comparable homes in LAMPLIGHT; a buyer's market based on recent absorption. Market data shows LAMPLIGHT prices risen 11% over the last half year. The closest comparable sale, 2005 Scofield LN, Austin TX 78727 at an adjusted $360,900, is a strong comparable. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus