12909 Rampart ST, Austin TX 78727

After reviewing 7 recent transactions in LAMPLIGHT, I estimate this property's value at $341,232. A competitive list price for this home right now would fall in the $260,000 to $270,000 range. Relative to what's currently available in LAMPLIGHT, this home would be the 2nd most expensive of 5 comparable homes on the market. The smaller floor plan (191 sqft compared to the average comp) is a meaningful differentiator in this price range. The smaller lot (0.17 acres versus the area average of 0.21) contributes to the valuation. Right now, 5 similar properties are competing for buyers in LAMPLIGHT, listed between $269,000 and $750,000. Prices in LAMPLIGHT have risen 6.9% over the last 6 months. A similar home at 2005 Scofield LN, Austin TX 78727 carries an adjusted comparable value of $354,347, providing a strong data point. With 7 comparable sales in LAMPLIGHT, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group