5008 Irvine LN, Del Valle TX 78617

The market data from 7 similar recent sales in LEXINGTON PARKE points to a value of approximately $342,655. To sell within a reasonable timeframe at fair market value, the $287,000 to $297,000 range is where I'd position this. In the current LEXINGTON PARKE market with 5 similar homes available, this price represents the most expensive of 5 comparable homes on the market. The 2008 construction puts this home 7 years older than the comp average, a factor in the pricing. Current inventory shows 5 comparable homes in LEXINGTON PARKE; a buyer's market based on recent absorption. In LEXINGTON PARKE, home values have fallen approximately 0.3% over the past 6 months. One of the strongest data points is 5004 Hazelnut LN, Del Valle TX 78617, adjusting to $384,246; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group