308 Avenue C, Lexington TX 78947

My analysis of 3 comparable properties puts this home's estimated value at $207,242. Based on how the local market is moving, a list price between $285,000 and $318,000 would position this home well. This home's position in the current 78947 market: the 2nd least expensive of 7 comparable homes on the market among comparable properties. The larger floor plan (300 sqft compared to the average comp) is a meaningful differentiator in this price range. The larger lot (0.43 acres versus the area average of 0.35) contributes to the valuation. 7 similar homes are currently available in 78947, creating a buyer's market for this price range. The 6 month price trend in 78947: risen 1.4%. The best comp here is 113 North Ave, Lexington TX 78947 at an adjusted value of $275,118, with a smaller floor plan. With 3 comparable sales in 78947, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group