2817 W Fm 696, Lexington TX 78947

Taking into account 5 nearby comparable sales, this property's estimated value comes to $426,304. If we were to list this property today, I'd recommend a list price in the $441,000 to $497,000 range. Buyers shopping in 78947 right now would see this as a well positioned option among 1 comparable homes. The 133 sqft size difference versus comparable sales is reflected in the adjusted values. Being built in 1982 (20 years older than comps) is factored into the value estimate. Current inventory shows 1 comparable homes in 78947; a buyer's market based on recent absorption. The 6 month price trend in 78947: fallen 21.7%. The best comp here is 4287 CR 309, Lexington TX 78947 at an adjusted value of $359,961, with a smaller floor plan. This estimate draws on 5 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus