1162 County Road B, Lexington TX 78947

The market data from 5 similar recent sales in 78947 points to a value of approximately $370,654. To sell within a reasonable timeframe at fair market value, the $360,000 to $382,000 range is where I'd position this. With 0 comparable homes on the market in 78947, this price positions the property as no active comparable homes on the market. At 514 sqft smaller than the typical comp, the size difference factors into the valuation. The 1987 construction puts this home 15 years older than the comp average, a factor in the pricing. In 78947, home values have fallen approximately 4.3% over the past 6 months. One of the strongest data points is 1308 Sherrill LN, Lexington TX 78947, adjusting to $416,158; with a larger floor plan. The 5 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