9008 Glenn LN, Austin TX 78753

Based on 5 closed sales in NORTH LAMAR PARK, the data points to a value around $345,004 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $362,000 to $398,000. Relative to what's currently available in NORTH LAMAR PARK, this home would be the 3rd most expensive of 7 comparable homes on the market. Lot size matters here: 0.28 acres versus 0.21 for the typical comp. Current inventory shows 7 comparable homes in NORTH LAMAR PARK; a buyer's market based on recent absorption. Market data shows 78753 prices fallen 4.7% over the last half year. The closest comparable sale, 9106 Slayton DR, Austin TX 78753 at an adjusted $319,456, is with a pool. The strength of this estimate comes from 5 directly comparable sales in NORTH LAMAR PARK. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group