1001 Vernon ST, Lexington TX 78947

The estimated value of this property is $332,744, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $209,000 and $219,000. In the current 78947 market with 6 similar homes available, this price represents the 2nd most expensive of 6 comparable homes on the market. Being 420 sqft larger than the average comparable sale in this area impacts the per square foot value. Built in 1999, this home is 8 years older than the average comp, which is reflected in the adjustments. With 6 similar homes currently listed in 78947 (a buyer's market), competition is a factor to consider. Recent trends in 78947 show home values have fallen 0.7% since 6 months ago. The most comparable recent sale is 1145 W County Road 415, Lexington TX 78947, with an adjusted value of $409,921; a strong comparable. Based on 7 relevant data points in 78947, 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