508 S Walnut ST, Lampasas TX 76550

The market data from 7 similar recent sales in 76550 points to a value of approximately $298,610. To sell within a reasonable timeframe at fair market value, the $290,000 to $308,000 range is where I'd position this. At this price, the property would be the most affordable of 7 comparable homes on the market comparable homes currently on the market in 76550. The 1897 construction puts this home 56 years older than the comp average, a factor in the pricing. At 0.40 acres, the lot is larger than the 0.31 acre comp average, which factors into pricing. Buyers in 76550 have 7 comparable options right now, with asking prices between $365,000 and $925,000. In 76550, home values have fallen approximately 3.2% over the past 6 months. One of the strongest data points is 408 S Race ST, Lampasas TX 76550, adjusting to $354,662; with a smaller floor plan. 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