7211 Lamplight LN, Austin TX 78731

Based on 7 closed sales in HIGHLAND HILLS NORTHWEST, the data points to a value around $855,148 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $475,000 to $485,000. Relative to what's currently available in HIGHLAND HILLS NORTHWEST, this home would be the 2nd most expensive of 4 comparable homes on the market. This home's smaller footprint (147 sqft vs the comp average) plays a role in how the market prices it. Lot size matters here: 0.00 acres versus 0.30 for the typical comp. 4 similar homes are currently available in HIGHLAND HILLS NORTHWEST, creating a balanced market for this price range. Market data shows 78731 prices risen 1.4% over the last half year. The closest comparable sale, 7201 Mesa DR, Austin TX 78731 at an adjusted $780,773, is a strong comparable. 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