418 W 5TH ST, Lampasas TX 76550

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $281,439. Pricing this home between $276,000 and $287,000 would put it in the competitive sweet spot for 76550. Buyers shopping in 76550 right now would see this as a well positioned option among 5 comparable homes. The larger floor plan (205 sqft compared to the average comp) is a meaningful differentiator in this price range. The smaller lot (0.27 acres versus the area average of 0.42) contributes to the valuation. There are currently 5 similar homes on the market in 76550, ranging from $285,000 to $407,000. Market data shows 76550 prices risen 14.5% over the last half year. The closest comparable sale, 1304 W Avenue B, Lampasas TX 76550 at an adjusted $262,693, is 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