605 S Chestnut ST, Lampasas TX 76550

The estimated value of this property is $279,525, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $377,000 and $385,000. In the current 76550 market with 7 similar homes available, this price represents the most affordable of 7 comparable homes on the market. Built in 1930, this home is 39 years older than the average comp, which is reflected in the adjustments. The 0.27 acre lot (smaller than the 0.33 acre average) is reflected in the estimate. Right now, 7 similar properties are competing for buyers in 76550, listed between $330,000 and $435,000. Recent trends in 76550 show home values have fallen 3.2% since 6 months ago. The most comparable recent sale is 1414 E 4th ST, Lampasas TX 76550, with an adjusted value of $290,344; a strong comparable. 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