1127 Nix RD, Lampasas TX 76550

Taking into account 7 nearby comparable sales, this property's estimated value comes to $220,605. If we were to list this property today, I'd recommend a list price in the $140,000 to $150,000 range. This pricing would rank the home as the 3rd most expensive of 5 comparable homes on the market in 76550's current inventory. The smaller floor plan (226 sqft compared to the average comp) is a meaningful differentiator in this price range. Being built in 1980 (12 years older than comps) is factored into the value estimate. Current inventory shows 5 comparable homes in 76550; a buyer's market based on recent absorption. The 6 month price trend in 76550: fallen 4%. The best comp here is 44 Sue Ann DR, Lampasas TX 76550 at an adjusted value of $226,563, a strong comparable. 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