504 N Spring ST, Lampasas TX 76550

Reviewing the most recent comparable transactions, this home's market value falls around $167,663. For a well positioned listing in 76550, I'd target the $117,000 to $127,000 range. With 1 comparable homes on the market in 76550, this price positions the property as below the only comparable home currently on the market. Being 342 sqft smaller than the average comparable sale in this area impacts the per square foot value. The 1970 construction puts this home 7 years newer than the comp average, a factor in the pricing. With 1 similar homes currently listed in 76550 (a buyer's market), competition is a factor to consider. Recent trends in 76550 show home values have fallen 3.2% since 6 months ago. The most comparable recent sale is 205 S Porter ST, Lampasas TX 76550, with an adjusted value of $186,684; a strong comparable. 7 comparable transactions in 76550 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group