304 N Race ST, Lampasas TX 76550

The market data from 7 similar recent sales in 76550 points to a value of approximately $313,099. To sell within a reasonable timeframe at fair market value, the $336,000 to $345,000 range is where I'd position this. At this price, the property would be the 2nd least expensive of 6 comparable homes on the market comparable homes currently on the market in 76550. The 2020 construction puts this home 37 years newer than the comp average, a factor in the pricing. At 0.21 acres, the lot is smaller than the 0.39 acre comp average, which factors into pricing. Current inventory shows 6 comparable homes in 76550; a buyer's market based on recent absorption. In 76550, home values have fallen approximately 21.5% over the past 6 months. One of the strongest data points is 1017 Fieldstone DR, Lampasas TX 76550, adjusting to $356,210; a strong comparable. 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