147 CR 4017, Lampasas TX 76550

The market data from 7 similar recent sales in WOODLAND ACRES points to a value of approximately $470,939. To sell within a reasonable timeframe at fair market value, the $390,000 to $400,000 range is where I'd position this. In the current WOODLAND ACRES market with 4 similar homes available, this price represents the most expensive of 4 comparable homes on the market. At 638 sqft larger than the typical comp, the size difference factors into the valuation. The 2002 construction puts this home 28 years newer than the comp average, a factor in the pricing. With 4 similar homes currently listed in WOODLAND ACRES (a buyer's market), competition is a factor to consider. In 76550, home values have fallen approximately 3.2% over the past 6 months. One of the strongest data points is 1307 Nix RD, Lampasas TX 76550, adjusting to $592,176; with a pool. 7 comparable transactions in WOODLAND ACRES support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group