1307 W Avenue A, Lampasas TX 76550

Reviewing the most recent comparable transactions, this home's market value falls around $332,676. For a well positioned listing in 76550, I'd target the $326,000 to $339,000 range. With 6 comparable homes on the market in 76550, this price positions the property as the 3rd least expensive of 6 comparable homes on the market. The 1985 construction puts this home 17 years newer than the comp average, a factor in the pricing. At 0.29 acres, the lot is smaller than the 1.56 acre comp average, which factors into pricing. Current inventory shows 6 comparable homes in 76550; a buyer's market based on recent absorption. Recent trends in 76550 show home values have risen 15.6% since 6 months ago. The most comparable recent sale is 408 S Race ST, Lampasas TX 76550, with an adjusted value of $376,200; 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