401 W 4th ST, Lampasas TX 76550

The market data from 7 similar recent sales in 76550 points to a value of approximately $338,294. To sell within a reasonable timeframe at fair market value, the $328,000 to $348,000 range is where I'd position this. In the current 76550 market with 1 similar homes available, this price represents below the only comparable home currently on the market. This home's larger footprint (2,695 sqft vs the comp average) plays a role in how the market prices it. The 1918 construction puts this home 12 years older than the comp average, a factor in the pricing. With 1 similar homes currently listed in 76550 (a buyer's market), competition is a factor to consider. In 76550, home values have fallen approximately 3.2% over the past 6 months. One of the strongest data points is 1414 E 4th ST, Lampasas TX 76550, adjusting to $355,965; 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