1260 Walch LN, Lexington TX 78947

The market data from 7 similar recent sales in 78947 points to a value of approximately $385,004. To sell within a reasonable timeframe at fair market value, the $373,000 to $397,000 range is where I'd position this. With 1 comparable homes on the market in 78947, this price positions the property as below the only comparable home currently on the market. The larger floor plan (1,007 sqft compared to the average comp) is a meaningful differentiator in this price range. The 2003 construction puts this home 12 years newer than the comp average, a factor in the pricing. The active market in 78947 includes 1 comparable homes priced from $450,000 to $450,000. In 78947, home values have fallen approximately 21.7% over the past 6 months. One of the strongest data points is 6009 County Road 326, Lexington TX 78947, adjusting to $598,007; with a pool. The 7 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