2202 Teton Ave, Lampasas TX 76550

After reviewing 3 recent transactions in 76550, I estimate this property's value at $330,571. A competitive list price for this home right now would fall in the $324,000 to $337,000 range. This home's position in the current 76550 market: the 2nd least expensive of 5 comparable homes on the market among comparable properties. The 336 sqft size difference versus comparable sales is reflected in the adjusted values. At 6 years older than typical comps, the 2013 build date influences the valuation. Current inventory shows 5 comparable homes in 76550; a buyer's market based on recent absorption. Prices in 76550 have risen 12.8% over the last 6 months. A similar home at 1106 Limestone DR, Lampasas TX 76550 carries an adjusted comparable value of $330,618, providing a strong data point. With 3 comparable sales in 76550, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group