506 Grissom CT, Austin TX 78753

After reviewing 5 recent transactions in NORTH LAMAR PARK, I estimate this property's value at $275,906. A competitive list price for this home right now would fall in the $187,000 to $197,000 range. This would position the home competitively among 6 active listings in NORTH LAMAR PARK. The larger lot (0.25 acres versus the area average of 0.20) contributes to the valuation. Right now, 6 similar properties are competing for buyers in NORTH LAMAR PARK, listed between $185,000 and $329,000. Prices in 78753 have fallen 4% over the last 6 months. A similar home at 502 Oakley CT, Austin TX 78753 carries an adjusted comparable value of $280,332, providing a strong data point. With 5 comparable sales in NORTH LAMAR PARK, 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