504 Avenue E, Lexington TX 78947

My analysis of 7 comparable properties puts this home's estimated value at $162,726. Based on how the local market is moving, a list price between $158,000 and $168,000 would position this home well. This would position the home competitively among 1 active listings in 78947. At 385 sqft smaller than the typical comp, the size difference factors into the valuation. At 12 years older than typical comps, the 1960 build date influences the valuation. Right now, 1 similar properties are competing for buyers in 78947, listed between $190,000 and $190,000. The 6 month price trend in 78947: fallen 21.7%. The best comp here is 1221 Giddings ST, Lexington TX 78947 at an adjusted value of $126,415, a strong comparable. With 7 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