922 E Fm 580, Lampasas TX 76550

The estimated value of this property is $253,839, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $214,000 and $224,000. With 7 comparable homes on the market in 76550, this price positions the property as the 2nd least expensive of 7 comparable homes on the market. Built in 1985, this home is 16 years older than the average comp, which is reflected in the adjustments. The 3.85 acre lot (larger than the 0.25 acre average) is reflected in the estimate. Current inventory shows 7 comparable homes in 76550; a buyer's market based on recent absorption. Recent trends in 76550 show home values have risen 4.8% since 6 months ago. The most comparable recent sale is 408 N Spring ST, Lampasas TX 76550, with an adjusted value of $178,152; a strong comparable. Based on 7 relevant data points in 76550, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX