2014 Scofield, Austin TX 78727

Based on 7 closed sales in LAMPLIGHT, the data points to a value around $388,397 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $333,000 to $343,000. Buyers shopping in LAMPLIGHT right now would see this as a well positioned option among 5 comparable homes. Lot size matters here: 0.22 acres versus 0.19 for the typical comp. With 5 similar homes currently listed in LAMPLIGHT (a buyer's market), competition is a factor to consider. Market data shows LAMPLIGHT prices risen 6.5% over the last half year. The closest comparable sale, 1901 Bienville ST, Austin TX 78727 at an adjusted $366,536, 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