204 N Arnold ST, Lampasas TX 76550

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $197,112. I'd recommend coming to market at $274,000 to $282,000 to strike the right balance between value and market velocity. Against 7 similar active listings in 76550, this price point lands at the most affordable of 7 comparable homes on the market. Built in 1950, this home is 32 years older than the average comp, which is reflected in the adjustments. 7 similar homes are currently available in 76550, creating a buyer's market for this price range. The trend in 76550 shows prices have fallen 3.2% in the past 6 months. 1047 Fieldstone DR, Lampasas TX 76550 nearby adjusts to $274,459; 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