201 S RICE ST, Lampasas TX 76550

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $253,365. I'd recommend coming to market at $308,000 to $324,000 to strike the right balance between value and market velocity. With 7 comparable homes on the market in 76550, this price positions the property as the most affordable of 7 comparable homes on the market. Built in 1966, this home is 32 years older than the average comp, which is reflected in the adjustments. The 0.20 acre lot (smaller than the 0.27 acre average) is reflected in the estimate. With 7 similar homes currently listed in 76550 (a buyer's market), competition is a factor to consider. The trend in 76550 shows prices have risen 12.7% in the past 6 months. 1304 W Avenue B, Lampasas TX 76550 nearby adjusts to $237,709; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group