807 W 1st ST, Lampasas TX 76550

Reviewing the most recent comparable transactions, this home's market value falls around $289,699. For a well positioned listing in 76550, I'd target the $368,000 to $377,000 range. Against 7 similar active listings in 76550, this price point lands at the most affordable of 7 comparable homes on the market. At 135 sqft larger than the typical comp, the size difference factors into the valuation. The 1960 construction puts this home 17 years older than the comp average, a factor in the pricing. Current inventory shows 7 comparable homes in 76550; a buyer's market based on recent absorption. Recent trends in 76550 show home values have fallen 3.2% since 6 months ago. The most comparable recent sale is 1304 W Avenue B, Lampasas TX 76550, with an adjusted value of $260,801; with a smaller 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