1916 Elysian FLDS, Austin TX 78727

Based on 7 closed sales in LAMPLIGHT, the data points to a value around $346,235 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $289,000 to $299,000. Buyers shopping in LAMPLIGHT right now would see this as a well positioned option among 7 comparable homes. The 118 sqft size difference versus comparable sales is reflected in the adjusted values. With 7 similar homes currently listed in LAMPLIGHT (a balanced market), competition is a factor to consider. Market data shows LAMPLIGHT prices risen 6.5% over the last half year. The closest comparable sale, 13005 Powderhorn ST, Austin TX 78727 at an adjusted $263,691, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in LAMPLIGHT. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group