500 N Willis ST, Lampasas TX 76550

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $377,757. Pricing this home between $366,000 and $389,000 would put it in the competitive sweet spot for 76550. Relative to what's currently available in 76550, this home would be the 3rd least expensive of 7 comparable homes on the market. The 151 sqft size difference versus comparable sales is reflected in the adjusted values. At 16 years newer than typical comps, the 1987 build date influences the valuation. Current inventory shows 7 comparable homes in 76550; a buyer's market based on recent absorption. Market data shows 76550 prices fallen 3.2% over the last half year. The closest comparable sale, 110 North Willis ST, Lampasas TX 76550 at an adjusted $390,278, is with a larger floor plan. The comp data here (7 sales in 76550) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus