207 N Race ST, Lampasas TX 76550

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $289,355. To generate strong buyer interest while maximizing value, I'd price this between $333,000 and $339,000. In the current 76550 market with 6 similar homes available, this price represents the 2nd least expensive of 6 comparable homes on the market. The 2023 construction puts this home 56 years newer than the comp average, a factor in the pricing. At 0.21 acres, the lot is smaller than the 0.25 acre comp average, which factors into pricing. Current inventory shows 6 comparable homes in 76550; a buyer's market based on recent absorption. The trend in 76550 shows prices have fallen 23.4% in the past 6 months. 1304 W Avenue B, Lampasas TX 76550 nearby adjusts to $275,509; with a larger floor plan. 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