13005 Irongate Ave, Austin TX 78727

After reviewing 7 recent transactions in LAMPLIGHT, I estimate this property's value at $380,401. A competitive list price for this home right now would fall in the $293,000 to $303,000 range. This pricing would rank the home as the 2nd least expensive of 5 comparable homes on the market in LAMPLIGHT's current inventory. This home's larger footprint (121 sqft vs the comp average) plays a role in how the market prices it. The larger lot (0.23 acres versus the area average of 0.20) contributes to the valuation. With 5 similar homes currently listed in LAMPLIGHT (a buyer's market), competition is a factor to consider. Prices in LAMPLIGHT have risen 6% over the last 6 months. A similar home at 2020 Magazine ST, Austin TX 78727 carries an adjusted comparable value of $406,494, 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