307 W 4th ST, Lampasas TX 76550

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $293,848. To generate strong buyer interest while maximizing value, I'd price this between $285,000 and $303,000. In the current 76550 market with 7 similar homes available, this price represents the most affordable of 7 comparable homes on the market. The larger floor plan (156 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1921 construction puts this home 44 years older than the comp average, a factor in the pricing. The active market in 76550 includes 7 comparable homes priced from $365,000 to $925,000. The trend in 76550 shows prices have fallen 3.2% in the past 6 months. 1414 E 4th ST, Lampasas TX 76550 nearby adjusts to $300,737; with a smaller floor plan. 7 comparable transactions in 76550 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group