000 Caldwell ST, Lexington TX 78947

After reviewing 3 recent transactions in 78947, I estimate this property's value at $292,886. A competitive list price for this home right now would fall in the $170,000 to $180,000 range. This pricing would rank the home as the 2nd most expensive of 7 comparable homes on the market in 78947's current inventory. The larger lot (0.28 acres versus the area average of 0.22) contributes to the valuation. Buyers in 78947 have 7 comparable options right now, with asking prices between $174,999 and $329,000. Prices in 78947 have fallen 23.2% over the last 6 months. A similar home at 288 Nursery DR, Lexington TX 78947 carries an adjusted comparable value of $279,077, providing a strong data point. With 3 comparable sales in 78947, 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