611 Briggs, Lampasas TX 76550

After reviewing 7 recent transactions in 76550, I estimate this property's value at $296,192. A competitive list price for this home right now would fall in the $291,000 to $297,000 range. Relative to what's currently available in 76550, this home would be the most expensive of 5 comparable homes on the market. At 6 years older than typical comps, the 2016 build date influences the valuation. The larger lot (0.25 acres versus the area average of 0.21) contributes to the valuation. Buyers in 76550 have 5 comparable options right now, with asking prices between $249,000 and $275,772. Prices in 76550 have fallen 3.2% over the last 6 months. A similar home at 407 Gamel ST, Lampasas TX 76550 carries an adjusted comparable value of $288,807, providing a strong data point. With 7 comparable sales in 76550, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group