213 Nursery DR, Lexington TX 78947

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $244,830. To generate strong buyer interest while maximizing value, I'd price this between $158,000 and $168,000. Against 7 similar active listings in 78947, this price point lands at the 3rd most expensive of 7 comparable homes on the market. The 1997 construction puts this home 6 years newer than the comp average, a factor in the pricing. At 0.18 acres, the lot is smaller than the 0.34 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in 78947; a buyer's market based on recent absorption. The trend in 78947 shows prices have fallen 21.7% in the past 6 months. 617 Caldwell ST, Lexington TX 78947 nearby adjusts to $211,858; 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