1638 County Road 316, Lexington TX 78947

The market data from 5 similar recent sales in 78947 points to a value of approximately $669,334. To sell within a reasonable timeframe at fair market value, the $656,000 to $683,000 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. Being 446 sqft larger than the average comparable sale in this area impacts the per square foot value. The 2013 construction puts this home 10 years newer than the comp average, a factor in the pricing. In 78947, home values have risen approximately 59.3% over the past 6 months. One of the strongest data points is 1597 County Road 314, Lexington TX 78947, adjusting to $600,648; with a smaller 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