2116 Lawnmont Ave, Austin TX 78756

After reviewing 7 recent transactions in SHOALMONT, I estimate this property's value at $853,952. A competitive list price for this home right now would fall in the $460,000 to $470,000 range. This would position the home competitively among 7 active listings in SHOALMONT. The smaller lot (0.14 acres versus the area average of 0.23) contributes to the valuation. Current inventory shows 7 comparable homes in SHOALMONT; a balanced market based on recent absorption. Prices in SHOALMONT have risen 21.4% over the last 6 months. A similar home at 2612 W 49th ST, Austin TX 78731 carries an adjusted comparable value of $879,154, providing a strong data point. With 7 comparable sales in SHOALMONT, 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