905 Mclean ST, Lampasas TX 76550

Based on 7 closed sales in 76550, the data points to a value around $224,342 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $174,000 to $184,000. Relative to what's currently available in 76550, this home would be the 3rd most expensive of 5 comparable homes on the market. The smaller floor plan (120 sqft compared to the average comp) is a meaningful differentiator in this price range. Being built in 1986 (27 years newer than comps) is factored into the value estimate. With 5 similar homes currently listed in 76550 (a buyer's market), competition is a factor to consider. Market data shows 76550 prices fallen 3.2% over the last half year. The closest comparable sale, 1413 W 4th ST W, Lampasas TX 76550 at an adjusted $227,196, is a strong comparable. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus