605 S Howe ST, Lampasas TX 76550

Reviewing the most recent comparable transactions, this home's market value falls around $275,858. For a well positioned listing in 76550, I'd target the $327,000 to $343,000 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 1903 construction puts this home 78 years older than the comp average, a factor in the pricing. At 0.54 acres, the lot is larger than the 0.27 acre comp average, which factors into pricing. Right now, 7 similar properties are competing for buyers in 76550, listed between $275,000 and $399,000. Recent trends in 76550 show home values have risen 33% since 6 months ago. The most comparable recent sale is 408 S Race ST, Lampasas TX 76550, with an adjusted value of $342,611; with a larger 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