854 CR 4126, Lampasas TX 76550

After reviewing 7 recent transactions in 76550, I estimate this property's value at $377,653. A competitive list price for this home right now would fall in the $378,000 to $455,000 range. Relative to what's currently available in 76550, this home would be the 2nd most expensive of 3 comparable homes on the market. The larger floor plan (522 sqft compared to the average comp) is a meaningful differentiator in this price range. The smaller lot (2.01 acres versus the area average of 2.41) contributes to the valuation. Current inventory shows 3 comparable homes in 76550; a buyer's market based on recent absorption. Prices in 76550 have fallen 3.2% over the last 6 months. A similar home at 358 W County Road 3069, Lampasas TX 76550 carries an adjusted comparable value of $522,105, providing a strong data point. The comp data here (7 sales in 76550) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus