1078 CR 407, Lexington TX 78947

My analysis of 7 comparable properties puts this home's estimated value at $399,290. Based on how the local market is moving, a list price between $380,000 and $480,000 would position this home well. This pricing would rank the home as no active comparable homes on the market in 78947's current inventory. The 313 sqft size difference versus comparable sales is reflected in the adjusted values. At 5 years older than typical comps, the 1997 build date influences the valuation. The 6 month price trend in 78947: fallen 21.7%. The best comp here is 3140 County Road 405, Lexington TX 78947 at an adjusted value of $509,611, with a pool. With 7 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