1003 W 1st ST, Lampasas TX 76550

Based on 7 closed sales in 76550, the data points to a value around $243,579 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $275,000 to $280,000. Buyers shopping in 76550 right now would see this as a well positioned option among 7 comparable homes. This home's smaller footprint (194 sqft vs the comp average) plays a role in how the market prices it. Being built in 2003 (19 years newer than comps) is factored into the value estimate. There are currently 7 similar homes on the market in 76550, ranging from $205,000 to $275,000. Market data shows 76550 prices risen 13.9% over the last half year. The closest comparable sale, 1047 Fieldstone DR, Lampasas TX 76550 at an adjusted $285,355, is with a larger floor plan. The strength of this estimate comes from 7 directly comparable sales in 76550. 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