507 N Ridge ST, Lampasas TX 76550

Reviewing the most recent comparable transactions, this home's market value falls around $180,603. For a well positioned listing in 76550, I'd target the $231,000 to $234,000 range. With 3 comparable homes on the market in 76550, this price positions the property as the most affordable of 3 comparable homes on the market. The 1950 construction puts this home 45 years older than the comp average, a factor in the pricing. The active market in 76550 includes 3 comparable homes priced from $229,900 to $250,000. Recent trends in 76550 show home values have risen 3.8% since 6 months ago. The most comparable recent sale is 1005 Campbell ST, Lampasas TX 76550, with an adjusted value of $103,645; with a smaller floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group