321 Douglas ST, Lexington TX 78947

The market data from 7 similar recent sales in 78947 points to a value of approximately $298,049. To sell within a reasonable timeframe at fair market value, the $363,000 to $614,000 range is where I'd position this. At this price, the property would be the most affordable of 3 comparable homes on the market comparable homes currently on the market in 78947. The 964 sqft size difference versus comparable sales is reflected in the adjusted values. The 1959 construction puts this home 36 years older than the comp average, a factor in the pricing. Buyers in 78947 have 3 comparable options right now, with asking prices between $575,000 and $899,500. In 78947, home values have fallen approximately 15.9% over the past 6 months. One of the strongest data points is 309 N Rockdale ST, Lexington TX 78947, adjusting to $275,630; with a smaller floor plan. 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