207 W 5th ST, Lampasas TX 76550

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $155,248. I'd recommend coming to market at $152,000 to $158,000 to strike the right balance between value and market velocity. With 5 comparable homes on the market in 76550, this price positions the property as the 2nd least expensive of 5 comparable homes on the market. Built in 1930, this home is 29 years older than the average comp, which is reflected in the adjustments. The 0.21 acre lot (smaller than the 0.26 acre average) is reflected in the estimate. There are currently 5 similar homes on the market in 76550, ranging from $169,000 to $280,000. The trend in 76550 shows prices have risen 19% in the past 6 months. 104 N Walnut ST, Lampasas TX 76550 nearby adjusts to $151,791; with a smaller floor plan. Based on 7 relevant data points in 76550, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX