9012 Shepard DR, Austin TX 78753

My analysis of 4 comparable properties puts this home's estimated value at $220,973. Based on how the local market is moving, a list price between $271,000 and $315,000 would position this home well. Buyers shopping in NORTH LAMAR PARK right now would see this as a well positioned option among 3 comparable homes. The smaller lot (0.19 acres versus the area average of 0.24) contributes to the valuation. With 3 similar homes currently listed in NORTH LAMAR PARK (a buyer's market), competition is a factor to consider. The 6 month price trend in 78753: fallen 0.2%. The best comp here is 502 Oakley CT, Austin TX 78753 at an adjusted value of $270,823, a strong comparable. 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