1105 Giddings ST, Lexington TX 78947

After reviewing 7 recent transactions in 78947, I estimate this property's value at $292,699. A competitive list price for this home right now would fall in the $232,000 to $242,000 range. This home's position in the current 78947 market: the 3rd least expensive of 7 comparable homes on the market among comparable properties. This home's larger footprint (448 sqft vs the comp average) plays a role in how the market prices it. At 7 years older than typical comps, the 1994 build date influences the valuation. Current inventory shows 7 comparable homes in 78947; a buyer's market based on recent absorption. Prices in 78947 have risen 24.6% over the last 6 months. A similar home at 617 Caldwell ST, Lexington TX 78947 carries an adjusted comparable value of $271,985, providing a strong data point. The comp data here (7 sales in 78947) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus