9010 Shepard DR, Austin TX 78753

After reviewing 4 recent transactions in NORTH LAMAR PARK, I estimate this property's value at $258,300. A competitive list price for this home right now would fall in the $206,000 to $216,000 range. This would position the home competitively among 6 active listings in NORTH LAMAR PARK. At 8 years newer than typical comps, the 1967 build date influences the valuation. The smaller lot (0.18 acres versus the area average of 0.22) contributes to the valuation. Current inventory shows 6 comparable homes in NORTH LAMAR PARK; a buyer's market based on recent absorption. Prices in 78753 have fallen 0.2% over the last 6 months. A similar home at 502 Oakley CT, Austin TX 78753 carries an adjusted comparable value of $285,509, providing a strong data point. With 4 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