1203 Bridge ST, Lampasas TX 76550

My analysis of 7 comparable properties puts this home's estimated value at $283,553. Based on how the local market is moving, a list price between $332,000 and $333,000 would position this home well. This home's position in the current 76550 market: the 2nd least expensive of 5 comparable homes on the market among comparable properties. At 55 years newer than typical comps, the 2022 build date influences the valuation. The smaller lot (0.16 acres versus the area average of 0.25) contributes to the valuation. Current inventory shows 5 comparable homes in 76550; a buyer's market based on recent absorption. The 6 month price trend in 76550: fallen 23.4%. The best comp here is 706 Brown ST, Lampasas TX 76550 at an adjusted value of $235,565, with a larger floor plan. With 7 comparable sales in 76550, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group