4438 W FM 696, Lexington TX 78947

Reviewing the most recent comparable transactions, this home's market value falls around $402,606. For a well positioned listing in 78947, I'd target the $391,000 to $415,000 range. Against 1 similar active listings in 78947, this price point lands at below the only comparable home currently on the market. At 221 sqft smaller than the typical comp, the size difference factors into the valuation. The 1927 construction puts this home 72 years older than the comp average, a factor in the pricing. There are currently 1 similar homes on the market in 78947, ranging from $449,000 to $449,000. Recent trends in 78947 show home values have fallen 21.7% since 6 months ago. The most comparable recent sale is 1411 County Road B, Lexington TX 78947, with an adjusted value of $474,613; a strong comparable. The 4 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