7303 Lamplight LN, Austin TX 78731

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $1,250,404. I'd recommend coming to market at $855,000 to $865,000 to strike the right balance between value and market velocity. At this price, the property would be the most expensive of 4 comparable homes on the market comparable homes currently on the market in 78731. Being 284 sqft smaller than the average comparable sale in this area impacts the per square foot value. Right now, 4 similar properties are competing for buyers in 78731, listed between $849,000 and $1,283,000. The trend in 78731 shows prices have risen 1.4% in the past 6 months. 7201 Mesa DR, Austin TX 78731 nearby adjusts to $837,865; with a larger floor plan. With 5 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group