517 Burns ST, Lexington TX 78947

The market data from 7 similar recent sales in 78947 points to a value of approximately $178,530. To sell within a reasonable timeframe at fair market value, the $210,000 to $225,000 range is where I'd position this. Against 3 similar active listings in 78947, this price point lands at the most affordable of 3 comparable homes on the market. The 1943 construction puts this home 38 years older than the comp average, a factor in the pricing. 3 similar homes are currently available in 78947, creating a buyer's market for this price range. In 78947, home values have fallen approximately 4.3% over the past 6 months. One of the strongest data points is 213 Cherry DR, Lexington TX 78947, adjusting to $109,006; 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