406 E 5th ST, Lampasas TX 76550

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $159,582. To generate strong buyer interest while maximizing value, I'd price this between $119,000 and $129,000. With 1 comparable homes on the market in OLD TOWN, this price positions the property as below the only comparable home currently on the market. The 246 sqft size difference versus comparable sales is reflected in the adjusted values. At 0.10 acres, the lot is smaller than the 0.23 acre comp average, which factors into pricing. Current inventory shows 1 comparable homes in OLD TOWN; a buyer's market based on recent absorption. 205 S Porter ST, Lampasas TX 76550 nearby adjusts to $177,117; a strong comparable. 7 comparable transactions in OLD TOWN 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