2101 Teton Ave, Lampasas TX 76550

The estimated value of this property is $275,248, based on 3 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $161,000 and $171,000. 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. Being 227 sqft larger than the average comparable sale in this area impacts the per square foot value. Built in 2013, this home is 5 years older than the average comp, which is reflected in the adjustments. With 5 similar homes currently listed in 76550 (a buyer's market), competition is a factor to consider. Recent trends in 76550 show home values have fallen 3.2% since 6 months ago. The most comparable recent sale is 407 Gamel ST, Lampasas TX 76550, with an adjusted value of $272,089; a strong comparable. With 3 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