323 Private Road 3120, Lampasas TX 76550

Reviewing the most recent comparable transactions, this home's market value falls around $507,344. For a well positioned listing in 76550, I'd target the $492,000 to $523,000 range. In the current 76550 market with 1 similar homes available, this price represents below the only comparable home currently on the market. The larger floor plan (284 sqft compared to the average comp) is a meaningful differentiator in this price range. The 2006 construction puts this home 11 years older than the comp average, a factor in the pricing. Buyers in 76550 have 1 comparable options right now, with asking prices between $899,000 and $899,000. Recent trends in 76550 show home values have fallen 5.3% since 6 months ago. The most comparable recent sale is 358 W County Road 3069, Lampasas TX 76550, with an adjusted value of $573,758; 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