12909 Irongate Ave, Austin TX 78727

The market data from 5 similar recent sales in LAMPLIGHT points to a value of approximately $396,069. To sell within a reasonable timeframe at fair market value, the $384,000 to $408,000 range is where I'd position this. 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 150 sqft larger than the typical comp, the size difference factors into the valuation. Current inventory shows 7 comparable homes in LAMPLIGHT; a balanced market based on recent absorption. In LAMPLIGHT, home values have risen approximately 6.5% over the past 6 months. One of the strongest data points is 12506 Limerick Ave, Austin TX 78727, adjusting to $408,703; with a smaller floor plan. 5 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