1042 Drewry LN, Lexington TX 78947

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $448,285. I'd recommend coming to market at $435,000 to $462,000 to strike the right balance between value and market velocity. With 0 comparable homes on the market in 78947, this price positions the property as no active comparable homes on the market. This home's smaller footprint (316 sqft vs the comp average) plays a role in how the market prices it. The 4.00 acre lot (smaller than the 9.00 acre average) is reflected in the estimate. The trend in 78947 shows prices have fallen 21.7% in the past 6 months. 4287 CR 309, Lexington TX 78947 nearby adjusts to $368,007; a strong comparable. With 5 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group