802 W 1st ST, Lampasas TX 76550

The market data from 7 similar recent sales in 76550 points to a value of approximately $227,483. To sell within a reasonable timeframe at fair market value, the $293,000 to $311,000 range is where I'd position this. At this price, the property would be the 2nd least expensive of 7 comparable homes on the market comparable homes currently on the market in 76550. The 1952 construction puts this home 14 years older than the comp average, a factor in the pricing. At 0.41 acres, the lot is larger than the 0.26 acre comp average, which factors into pricing. There are currently 7 similar homes on the market in 76550, ranging from $225,000 to $398,000. In 76550, home values have fallen approximately 4% over the past 6 months. One of the strongest data points is 1304 W Avenue B, Lampasas TX 76550, adjusting to $235,693; with a larger floor plan. 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