1905 Mirabeau ST, Austin TX 78727

My analysis of 7 comparable properties puts this home's estimated value at $396,212. Based on how the local market is moving, a list price between $337,000 and $347,000 would position this home well. This home's position in the current LAMPLIGHT market: the most expensive of 3 comparable homes on the market among comparable properties. The 214 sqft size difference versus comparable sales is reflected in the adjusted values. Current inventory shows 3 comparable homes in LAMPLIGHT; a buyer's market based on recent absorption. The 6 month price trend in LAMPLIGHT: risen 6.9%. The best comp here is 13004 Turkey RUN, Austin TX 78727 at an adjusted value of $333,324, a strong comparable. 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