321 Hester ST, Lexington TX 78947

Reviewing the most recent comparable transactions, this home's market value falls around $209,882. For a well positioned listing in 78947, I'd target the $143,000 to $153,000 range. With 4 comparable homes on the market in 78947, this price positions the property as the 2nd most expensive of 4 comparable homes on the market. At 104 sqft smaller than the typical comp, the size difference factors into the valuation. The 1968 construction puts this home 14 years older than the comp average, a factor in the pricing. The active market in 78947 includes 4 comparable homes priced from $150,000 to $284,000. Recent trends in 78947 show home values have fallen 21.7% since 6 months ago. The most comparable recent sale is 213 Cherry DR, Lexington TX 78947, with an adjusted value of $120,590; a strong comparable. The 7 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