708 N Ridge ST, Lampasas TX 76550

The market data from 3 similar recent sales in 76550 points to a value of approximately $147,505. To sell within a reasonable timeframe at fair market value, the $151,000 to $188,000 range is where I'd position this. In the current 76550 market with 3 similar homes available, this price represents the 2nd most expensive of 3 comparable homes on the market. The 1960 construction puts this home 7 years newer than the comp average, a factor in the pricing. Current inventory shows 3 comparable homes in 76550; a buyer's market based on recent absorption. In 76550, home values have fallen approximately 3.2% over the past 6 months. One of the strongest data points is 18 Del Norte ST, Lampasas TX 76550, adjusting to $108,353; a strong comparable. 3 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