2320 FM 1715, Lampasas TX 76550

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $398,187. Pricing this home between $338,000 and $348,000 would put it in the competitive sweet spot for 76550. This pricing would rank the home as below the only comparable home currently on the market in 76550's current inventory. The larger lot (25.00 acres versus the area average of 2.93) contributes to the valuation. Current inventory shows 1 comparable homes in 76550; a buyer's market based on recent absorption. Market data shows 76550 prices risen 6.3% over the last half year. The closest comparable sale, 164 County Road 4450, Kempner TX 76539 at an adjusted $257,669, is with a pool. With 7 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