106 N ARNOLD ST N, Lampasas TX 76550

The market data from 7 similar recent sales in 76550 points to a value of approximately $167,131. To sell within a reasonable timeframe at fair market value, the $112,000 to $122,000 range is where I'd position this. With 2 comparable homes on the market in 76550, this price positions the property as the most expensive of 2 comparable homes on the market. At 577 sqft smaller than the typical comp, the size difference factors into the valuation. The 1950 construction puts this home 19 years older than the comp average, a factor in the pricing. Right now, 2 similar properties are competing for buyers in 76550, listed between $125,000 and $150,000. In 76550, home values have risen approximately 10.6% over the past 6 months. One of the strongest data points is 205 S Porter ST, Lampasas TX 76550, adjusting to $158,400; with a larger 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