1142 Scenic VW, Lexington TX 78947

Reviewing the most recent comparable transactions, this home's market value falls around $487,715. For a well positioned listing in 78947, I'd target the $478,000 to $497,000 range. Against 2 similar active listings in 78947, this price point lands at the most expensive of 2 comparable homes on the market. The 1985 construction puts this home 18 years older than the comp average, a factor in the pricing. At 5.00 acres, the lot is smaller than the 13.72 acre comp average, which factors into pricing. The active market in 78947 includes 2 comparable homes priced from $449,000 to $1,295,000. Recent trends in 78947 show home values have risen 43% since 6 months ago. The most comparable recent sale is 1053 E County Road F, Lexington TX 78947, with an adjusted value of $436,920; a strong comparable. The 6 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