124 Nursery DR, Lexington TX 78947

Reviewing the most recent comparable transactions, this home's market value falls around $338,477. For a well positioned listing in 78947, I'd target the $202,000 to $212,000 range. In the current 78947 market with 7 similar homes available, this price represents the 2nd most expensive of 7 comparable homes on the market. Being 208 sqft larger than the average comparable sale in this area impacts the per square foot value. The 2000 construction puts this home 8 years older than the comp average, a factor in the pricing. With 7 similar homes currently listed in 78947 (a buyer's market), competition is a factor to consider. Recent trends in 78947 show home values have fallen 21.7% since 6 months ago. The most comparable recent sale is 815 Giddings ST, Lexington TX 78947, with an adjusted value of $290,853; a strong comparable. 7 comparable transactions in 78947 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group