202 N Arnold ST, Lampasas TX 76550

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $203,549. I'd recommend coming to market at $149,000 to $159,000 to strike the right balance between value and market velocity. Among the similar homes currently available in 76550, this price point stands out as competitive. Built in 1950, this home is 40 years older than the average comp, which is reflected in the adjustments. The 0.21 acre lot (smaller than the 0.28 acre average) is reflected in the estimate. Right now, 6 similar properties are competing for buyers in 76550, listed between $145,000 and $305,000. The trend in 76550 shows prices have fallen 3.2% in the past 6 months. 20 Snell DR, Lampasas TX 76550 nearby adjusts to $209,003; with a smaller floor plan. 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