1429 County Road A, Lexington TX 78947

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $495,432. I'd recommend coming to market at $513,000 to $548,000 to strike the right balance between value and market velocity. With 1 comparable homes on the market in 78947, this price positions the property as below the only comparable home currently on the market. This home's smaller footprint (242 sqft vs the comp average) plays a role in how the market prices it. Built in 1994, this home is 11 years older than the average comp, which is reflected in the adjustments. With 1 similar homes currently listed in 78947 (a buyer's market), competition is a factor to consider. The trend in 78947 shows prices have fallen 21.7% in the past 6 months. 1411 County Road B, Lexington TX 78947 nearby adjusts to $547,520; with a larger floor plan. Based on 6 relevant data points in 78947, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX