302 S Broad ST, Lampasas TX 76550

After reviewing 7 recent transactions in 76550, I estimate this property's value at $241,682. A competitive list price for this home right now would fall in the $292,000 to $294,000 range. This home's position in the current 76550 market: the 2nd least expensive of 7 comparable homes on the market among comparable properties. At 13 years newer than typical comps, the 2000 build date influences the valuation. The smaller lot (0.21 acres versus the area average of 0.24) contributes to the valuation. With 7 similar homes currently listed in 76550 (a buyer's market), competition is a factor to consider. Prices in 76550 have fallen 3.2% over the last 6 months. A similar home at 706 Brown ST, Lampasas TX 76550 carries an adjusted comparable value of $204,867, providing a strong data point. 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