501 S Spring ST, Lampasas TX 76550

Taking into account 7 nearby comparable sales, this property's estimated value comes to $325,363. If we were to list this property today, I'd recommend a list price in the $359,000 to $364,000 range. This pricing would rank the home as the 2nd least expensive of 6 comparable homes on the market in PARK's current inventory. Being built in 1976 (6 years older than comps) is factored into the value estimate. Lot size matters here: 0.21 acres versus 1.44 for the typical comp. Current inventory shows 6 comparable homes in PARK; a buyer's market based on recent absorption. The 6 month price trend in 76550: risen 10.6%. The best comp here is 1304 W Avenue B, Lampasas TX 76550 at an adjusted value of $271,159, with a smaller floor plan. The strength of this estimate comes from 7 directly comparable sales in PARK. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group