2405 Lightfoot TRL, Austin TX 78745

The comparable sales data (7 recent transactions in INDEPENDENCE PARK CONDO) supports an estimated value of $473,605. The data suggests a list price between $471,000 and $483,000 would attract qualified buyers without leaving money on the table. This home's position in the current INDEPENDENCE PARK CONDO market: the most expensive of 3 comparable homes on the market among comparable properties. At 103 sqft smaller than the typical comp, the size difference factors into the valuation. Lot size matters here: 0.21 acres versus 0.17 for the typical comp. With 3 similar homes currently listed in INDEPENDENCE PARK CONDO (a buyer's market), competition is a factor to consider. Prices in 78745 have fallen 4.7% over the last 6 months. A similar home at 7337 Menchaca RD # 38, Austin TX 78745 carries an adjusted comparable value of $465,901, providing a strong data point. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus