5 Hollywood DR, Lampasas TX 76550

My analysis of 7 comparable properties puts this home's estimated value at $186,103. Based on how the local market is moving, a list price between $127,000 and $137,000 would position this home well. Relative to what's currently available in HILLCREST, this home would be the 3rd least expensive of 7 comparable homes on the market. At 7 years older than typical comps, the 1966 build date influences the valuation. The smaller lot (0.17 acres versus the area average of 0.22) contributes to the valuation. Current inventory shows 7 comparable homes in HILLCREST; a buyer's market based on recent absorption. The 6 month price trend in HILLCREST: risen 3.2%. The best comp here is 207 W 5th ST, Lampasas TX 76550 at an adjusted value of $214,312, a strong comparable. With 7 comparable sales in HILLCREST, 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