1118 NIX RD, Lampasas TX 76550

Reviewing the most recent comparable transactions, this home's market value falls around $163,577. For a well positioned listing in 76550, I'd target the $230,000 to $238,000 range. At this price, the property would be the 2nd least expensive of 6 comparable homes on the market comparable homes currently on the market in 76550. The 187 sqft size difference versus comparable sales is reflected in the adjusted values. The 1963 construction puts this home 10 years newer than the comp average, a factor in the pricing. 6 similar homes are currently available in 76550, creating a buyer's market for this price range. Recent trends in 76550 show home values have risen 12.7% since 6 months ago. The most comparable recent sale is 110 S Porter ST, Lampasas TX 76550, with an adjusted value of $163,119; with a smaller floor plan. The 3 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