1008 W Avenue E, Lampasas TX 76550

Reviewing the most recent comparable transactions, this home's market value falls around $230,404. For a well positioned listing in 76550, I'd target the $133,000 to $143,000 range. In the current 76550 market with 3 similar homes available, this price represents the most expensive of 3 comparable homes on the market. The smaller floor plan (132 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.40 acres, the lot is larger than the 0.25 acre comp average, which factors into pricing. With 3 similar homes currently listed in 76550 (a buyer's market), competition is a factor to consider. Recent trends in 76550 show home values have fallen 3.2% since 6 months ago. The most comparable recent sale is 1413 W 4th ST W, Lampasas TX 76550, with an adjusted value of $229,914; with a smaller floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group