407 W 1ST ST, Lampasas TX 76550

My analysis of 7 comparable properties puts this home's estimated value at $333,565. Based on how the local market is moving, a list price between $433,000 and $439,000 would position this home well. Buyers shopping in 76550 right now would see this as a well positioned option among 6 comparable homes. This home's larger footprint (598 sqft vs the comp average) plays a role in how the market prices it. At 37 years older than typical comps, the 1905 build date influences the valuation. Current inventory shows 6 comparable homes in 76550; a buyer's market based on recent absorption. The 6 month price trend in 76550: fallen 3.2%. The best comp here is 508 S Walnut ST, Lampasas TX 76550 at an adjusted value of $439,291, with a smaller floor plan. With 7 comparable sales in 76550, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group