405 2nd ST W, Lampasas TX 76550

Reviewing the most recent comparable transactions, this home's market value falls around $211,805. For a well positioned listing in 76550, I'd target the $137,000 to $147,000 range. In the current 76550 market with 7 similar homes available, this price represents the 3rd least expensive of 7 comparable homes on the market. The 1930 construction puts this home 32 years older than the comp average, a factor in the pricing. At 0.41 acres, the lot is larger than the 0.26 acre comp average, which factors into pricing. There are currently 7 similar homes on the market in 76550, ranging from $145,000 to $305,000. Recent trends in 76550 show home values have fallen 3.2% since 6 months ago. The most comparable recent sale is 207 W 5th ST, Lampasas TX 76550, with an adjusted value of $222,046; 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