8 WESTRIDGE, Lampasas TX 76550

My analysis of 3 comparable properties puts this home's estimated value at $266,216. Based on how the local market is moving, a list price between $300,000 and $312,000 would position this home well. This would position the home competitively among 7 active listings in 76550. The 250 sqft size difference versus comparable sales is reflected in the adjusted values. The smaller lot (0.00 acres versus the area average of 0.34) contributes to the valuation. Current inventory shows 7 comparable homes in 76550; a buyer's market based on recent absorption. The 6 month price trend in 76550: fallen 3.2%. The best comp here is 1903 Yellowstone DR, Lampasas TX 76550 at an adjusted value of $292,135, with a larger floor plan. With 3 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