1508 W 6th ST, Lampasas TX 76550

Reviewing the most recent comparable transactions, this home's market value falls around $472,471. For a well positioned listing in 76550, I'd target the $359,000 to $369,000 range. At this price, the property would be the 3rd most expensive of 7 comparable homes on the market comparable homes currently on the market in 76550. The larger floor plan (297 sqft compared to the average comp) is a meaningful differentiator in this price range. The 2020 construction puts this home 53 years newer than the comp average, a factor in the pricing. Current inventory shows 7 comparable homes in 76550; a buyer's market based on recent absorption. Recent trends in 76550 show home values have fallen 11.3% since 6 months ago. The most comparable recent sale is 208 W 5th ST, Lampasas TX 76550, with an adjusted value of $405,596; with a smaller floor plan. 7 comparable transactions in 76550 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