104 N Park ST, Lampasas TX 76550

The estimated value of this property is $182,812, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $110,000 and $120,000. Against 3 similar active listings in 76550, this price point lands at the most expensive of 3 comparable homes on the market. This home's smaller footprint (552 sqft vs the comp average) plays a role in how the market prices it. Built in 1930, this home is 64 years older than the average comp, which is reflected in the adjustments. Current inventory shows 3 comparable homes in 76550; a buyer's market based on recent absorption. Recent trends in 76550 show home values have fallen 5.3% since 6 months ago. The most comparable recent sale is 404 W Avenue B, Lampasas TX 76550, with an adjusted value of $163,283; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group