501 S Howe ST, Lampasas TX 76550

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $281,476. Pricing this home between $273,000 and $290,000 would put it in the competitive sweet spot for 76550. This home's position in the current 76550 market: the most affordable of 7 comparable homes on the market among comparable properties. This home's larger footprint (176 sqft vs the comp average) plays a role in how the market prices it. At 18 years older than typical comps, the 1947 build date influences the valuation. With 7 similar homes currently listed in 76550 (a buyer's market), competition is a factor to consider. Market data shows 76550 prices fallen 3.2% over the last half year. The closest comparable sale, 408 S Race ST, Lampasas TX 76550 at an adjusted $391,022, is a strong comparable. 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