807 W NORTH Ave, Lampasas TX 76550

The market data from 7 similar recent sales in 76550 points to a value of approximately $275,964. To sell within a reasonable timeframe at fair market value, the $235,000 to $245,000 range is where I'd position this. Against 6 similar active listings in 76550, this price point lands at the 2nd least expensive of 6 comparable homes on the market. Being 232 sqft larger than the average comparable sale in this area impacts the per square foot value. The 1950 construction puts this home 27 years older than the comp average, a factor in the pricing. With 6 similar homes currently listed in 76550 (a buyer's market), competition is a factor to consider. In 76550, home values have fallen approximately 3.2% over the past 6 months. One of the strongest data points is 16 Samac LN, Lampasas TX 76550, adjusting to $248,478; a strong comparable. 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