1016 Bridge ST, Lampasas TX 76550

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $263,757. To generate strong buyer interest while maximizing value, I'd price this between $273,000 and $282,000. Against 5 similar active listings in 76550, this price point lands at the 2nd least expensive of 5 comparable homes on the market. Being 101 sqft larger than the average comparable sale in this area impacts the per square foot value. The 2017 construction puts this home 7 years older than the comp average, a factor in the pricing. Right now, 5 similar properties are competing for buyers in 76550, listed between $239,000 and $273,772. The trend in 76550 shows prices have risen 13.9% in the past 6 months. 407 Gamel ST, Lampasas TX 76550 nearby adjusts to $251,842; with a larger floor plan. The 6 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