1302 W Avenue A, Lampasas TX 76550

The market data from 7 similar recent sales in 76550 points to a value of approximately $277,861. To sell within a reasonable timeframe at fair market value, the $304,000 to $311,000 range is where I'd position this. With 7 comparable homes on the market in 76550, this price positions the property as the 2nd least expensive of 7 comparable homes on the market. The 1948 construction puts this home 52 years older than the comp average, a factor in the pricing. At 0.31 acres, the lot is larger than the 0.27 acre comp average, which factors into pricing. 7 similar homes are currently available in 76550, creating a buyer's market for this price range. In 76550, home values have risen approximately 3.8% over the past 6 months. One of the strongest data points is 802 W 1st ST, Lampasas TX 76550, adjusting to $256,706; a strong comparable. The 7 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