37 Snell DR, Lampasas TX 76550

After reviewing 7 recent transactions in SOUTHERN OAKS, I estimate this property's value at $299,856. A competitive list price for this home right now would fall in the $233,000 to $243,000 range. Relative to what's currently available in SOUTHERN OAKS, this home would be the 3rd most expensive of 7 comparable homes on the market. The smaller lot (0.21 acres versus the area average of 2.02) contributes to the valuation. Current inventory shows 7 comparable homes in SOUTHERN OAKS; a seller's market based on recent absorption. Prices in SOUTHERN OAKS have fallen 10.7% over the last 6 months. A similar home at 20 Snell DR, Lampasas TX 76550 carries an adjusted comparable value of $240,513, providing a strong data point. The comp data here (7 sales in SOUTHERN OAKS) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus