1109 Vernon ST, Lexington TX 78947

The estimated value of this property is $323,272, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $192,000 and $202,000. Among the similar homes currently available in 78947, this price point stands out as competitive. The 308 sqft size difference versus comparable sales is reflected in the adjusted values. Built in 2001, this home is 6 years older than the average comp, which is reflected in the adjustments. The active market in 78947 includes 7 comparable homes priced from $205,000 to $390,000. Recent trends in 78947 show home values have fallen 4.3% since 6 months ago. The most comparable recent sale is 1158 W County Road 415, Lexington TX 78947, with an adjusted value of $305,758; a strong comparable. With 7 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