1320 Private Road 4055, Lexington TX 78947

The market data from 7 similar recent sales in 78947 points to a value of approximately $543,884. To sell within a reasonable timeframe at fair market value, the $356,000 to $772,000 range is where I'd position this. In the current 78947 market with 0 similar homes available, this price represents no active comparable homes on the market. This home's larger footprint (3,852 sqft vs the comp average) plays a role in how the market prices it. The 2005 construction puts this home 11 years newer than the comp average, a factor in the pricing. In 78947, home values have risen approximately 22.5% over the past 6 months. One of the strongest data points is 1800 County Road 436, Dime Box TX 77853, adjusting to $1,050,882; with a smaller floor plan. 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