1307 Sandstone CV, Lampasas TX 76550

After reviewing 7 recent transactions in 76550, I estimate this property's value at $235,641. A competitive list price for this home right now would fall in the $74,000 to $84,000 range. Relative to what's currently available in 76550, this home would be the 2nd most expensive of 5 comparable homes on the market. At 113 sqft smaller than the typical comp, the size difference factors into the valuation. At 44 years newer than typical comps, the 2020 build date influences the valuation. Current inventory shows 5 comparable homes in 76550; a buyer's market based on recent absorption. Prices in 76550 have fallen 21.5% over the last 6 months. A similar home at 1413 W 4th ST W, Lampasas TX 76550 carries an adjusted comparable value of $247,511, providing a strong data point. 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