6186 Fm 1715, Lampasas TX 76550

The market data from 7 similar recent sales in 76550 points to a value of approximately $318,844. To sell within a reasonable timeframe at fair market value, the $399,000 to $400,000 range is where I'd position this. With 2 comparable homes on the market in 76550, this price positions the property as the most affordable of 2 comparable homes on the market. The 1994 construction puts this home 12 years older than the comp average, a factor in the pricing. At 1.11 acres, the lot is smaller than the 2.99 acre comp average, which factors into pricing. The active market in 76550 includes 2 comparable homes priced from $379,900 to $499,500. In 76550, home values have risen approximately 16.2% over the past 6 months. One of the strongest data points is 8827 E Highway 190 E, Lampasas TX 76550, adjusting to $305,776; a strong comparable. 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