13 Ramsey LN, Lampasas TX 76550

After reviewing 3 recent transactions in SOUTHERN OAKS, I estimate this property's value at $204,454. A competitive list price for this home right now would fall in the $278,000 to $280,000 range. This would position the home competitively among 7 active listings in SOUTHERN OAKS. At 7 years newer than typical comps, the 1975 build date influences the valuation. The smaller lot (0.21 acres versus the area average of 0.25) contributes to the valuation. 7 similar homes are currently available in SOUTHERN OAKS, creating a balanced market for this price range. Prices in SOUTHERN OAKS have risen 43.4% over the last 6 months. A similar home at 20 Snell DR, Lampasas TX 76550 carries an adjusted comparable value of $226,679, providing a strong data point. With 3 comparable sales in SOUTHERN OAKS, 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