602 W NORTH, Lampasas TX 76550

The estimated value of this property is $394,182, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $530,000 and $550,000. In the current 76550 market with 4 similar homes available, this price represents the most affordable of 4 comparable homes on the market. The 1,115 sqft size difference versus comparable sales is reflected in the adjusted values. The 0.44 acre lot (smaller than the 0.61 acre average) is reflected in the estimate. Current inventory shows 4 comparable homes in 76550; a buyer's market based on recent absorption. Recent trends in 76550 show home values have fallen 3.2% since 6 months ago. The most comparable recent sale is 208 W 5th ST, Lampasas TX 76550, with an adjusted value of $370,440; with a smaller floor plan. Based on 7 relevant data points in 76550, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX