1070 S Wesley LN, Lexington TX 78947

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $367,551. To generate strong buyer interest while maximizing value, I'd price this between $357,000 and $379,000. Against 1 similar active listings in 78947, this price point lands at below the only comparable home currently on the market. At 730 sqft larger than the typical comp, the size difference factors into the valuation. At 1.40 acres, the lot is smaller than the 1.87 acre comp average, which factors into pricing. With 1 similar homes currently listed in 78947 (a buyer's market), competition is a factor to consider. The trend in 78947 shows prices have fallen 21.7% in the past 6 months. 321 Douglas ST, Lexington TX 78947 nearby adjusts to $170,240; with a smaller floor plan. 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