373 PR 4366, Lampasas TX 76550

The market data from 7 similar recent sales in 76550 points to a value of approximately $492,503. To sell within a reasonable timeframe at fair market value, the $478,000 to $507,000 range is where I'd position this. Against 1 similar active listings in 76550, this price point lands at below the only comparable home currently on the market. The larger floor plan (499 sqft compared to the average comp) is a meaningful differentiator in this price range. The 2007 construction puts this home 8 years older than the comp average, a factor in the pricing. There are currently 1 similar homes on the market in 76550, ranging from $899,000 to $899,000. In 76550, home values have fallen approximately 3.2% over the past 6 months. One of the strongest data points is 254 Private Road 4302 PR, Lampasas TX 76550, adjusting to $468,650; with a smaller floor plan. 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