1106 W 3rd ST, Lampasas TX 76550

Based on 7 closed sales in 76550, the data points to a value around $248,619 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $265,000 to $291,000. This home's position in the current 76550 market: the most affordable of 2 comparable homes on the market among comparable properties. Being 375 sqft larger than the average comparable sale in this area impacts the per square foot value. Being built in 1971 (37 years older than comps) is factored into the value estimate. The active market in 76550 includes 2 comparable homes priced from $299,500 to $499,950. Market data shows 76550 prices risen 12.7% over the last half year. The closest comparable sale, 20 Snell DR, Lampasas TX 76550 at an adjusted $243,966, is with a smaller 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