4088 CR 1020, Lampasas TX 76550

After reviewing 7 recent transactions in 76550, I estimate this property's value at $347,916. A competitive list price for this home right now would fall in the $387,000 to $405,000 range. Relative to what's currently available in 76550, this home would be the most affordable of 7 comparable homes on the market. At 12 years newer than typical comps, the 1999 build date influences the valuation. The larger lot (6.87 acres versus the area average of 0.27) contributes to the valuation. 7 similar homes are currently available in 76550, creating a buyer's market for this price range. Prices in 76550 have fallen 3.2% over the last 6 months. A similar home at 1903 Yellowstone DR, Lampasas TX 76550 carries an adjusted comparable value of $386,883, providing a strong data point. 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