20 Sheppard LN, Lampasas TX 76550

Reviewing the most recent comparable transactions, this home's market value falls around $435,565. For a well positioned listing in 76550, I'd target the $371,000 to $381,000 range. At this price, the property would be the 2nd most expensive of 3 comparable homes on the market comparable homes currently on the market in 76550. This home's larger footprint (600 sqft vs the comp average) plays a role in how the market prices it. The 1978 construction puts this home 13 years newer than the comp average, a factor in the pricing. 3 similar homes are currently available in 76550, creating a buyer's market for this price range. Recent trends in 76550 show home values have fallen 3.2% since 6 months ago. The most comparable recent sale is 1307 Nix RD, Lampasas TX 76550, with an adjusted value of $539,606; with a larger floor plan and a pool. 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