902 N Ridge ST, Lampasas TX 76550

My analysis of 7 comparable properties puts this home's estimated value at $238,298. Based on how the local market is moving, a list price between $132,000 and $142,000 would position this home well. This would position the home competitively among 4 active listings in 76550. At 30 years older than typical comps, the 1960 build date influences the valuation. The larger lot (3.40 acres versus the area average of 0.26) contributes to the valuation. Right now, 4 similar properties are competing for buyers in 76550, listed between $145,000 and $305,000. The 6 month price trend in 76550: fallen 3.2%. The best comp here is 912 Blane Circle CIR, Lampasas TX 76550 at an adjusted value of $273,000, a strong comparable. With 7 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