508 S Summer ST, Lampasas TX 76550

Reviewing the most recent comparable transactions, this home's market value falls around $291,462. For a well positioned listing in 76550, I'd target the $343,000 to $364,000 range. With 7 comparable homes on the market in 76550, this price positions the property as the most affordable of 7 comparable homes on the market. The 1960 construction puts this home 33 years older than the comp average, a factor in the pricing. At 0.45 acres, the lot is larger than the 0.25 acre comp average, which factors into pricing. The active market in 76550 includes 7 comparable homes priced from $330,000 to $435,000. Recent trends in 76550 show home values have fallen 3.2% since 6 months ago. The most comparable recent sale is 1304 W Avenue B, Lampasas TX 76550, with an adjusted value of $266,927; 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