694 FM 1494, Lampasas TX 76550

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $317,157. I'd recommend coming to market at $371,000 to $377,000 to strike the right balance between value and market velocity. 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. This home's larger footprint (648 sqft vs the comp average) plays a role in how the market prices it. Built in 2010, this home is 21 years newer than the average comp, which is reflected in the adjustments. The active market in 76550 includes 2 comparable homes priced from $429,900 to $499,950. The trend in 76550 shows prices have risen 10.6% in the past 6 months. 502 W Avenue A, Lampasas TX 76550 nearby adjusts to $250,819; with a larger floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group