503 S Spring ST, Lampasas TX 76550

Taking into account 4 nearby comparable sales, this property's estimated value comes to $172,833. If we were to list this property today, I'd recommend a list price in the $124,000 to $134,000 range. Buyers shopping in PARK right now would see this as a well positioned option among 7 comparable homes. This home's larger footprint (180 sqft vs the comp average) plays a role in how the market prices it. Being built in 1965 (6 years newer than comps) is factored into the value estimate. Current inventory shows 7 comparable homes in PARK; a buyer's market based on recent absorption. The 6 month price trend in 76550: fallen 3.2%. The best comp here is 110 S Porter ST, Lampasas TX 76550 at an adjusted value of $162,978, with a smaller floor plan. The strength of this estimate comes from 4 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