707 BROWN ST, Lampasas TX 76550

The estimated value of this property is $193,564, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $161,000 and $171,000. With 5 comparable homes on the market in 76550, this price positions the property as the 3rd most expensive of 5 comparable homes on the market. Built in 1960, this home is 5 years newer than the average comp, which is reflected in the adjustments. The 0.56 acre lot (larger than the 0.23 acre average) is reflected in the estimate. Buyers in 76550 have 5 comparable options right now, with asking prices between $165,000 and $249,900. Recent trends in 76550 show home values have fallen 3.2% since 6 months ago. The most comparable recent sale is 207 W 5th ST, Lampasas TX 76550, with an adjusted value of $224,346; 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