5784 County Road 309, Lexington TX 78947

After reviewing 4 recent transactions in 78947, I estimate this property's value at $598,043. A competitive list price for this home right now would fall in the $679,000 to $685,000 range. This would position the home competitively among 2 active listings in 78947. This home's larger footprint (291 sqft vs the comp average) plays a role in how the market prices it. Having a pool is a plus; 3 of the 4 comps lacked one. Current inventory shows 2 comparable homes in 78947; a buyer's market based on recent absorption. Prices in 78947 have fallen 15.9% over the last 6 months. A similar home at 1308 Sherrill LN, Lexington TX 78947 carries an adjusted comparable value of $575,020, providing a strong data point. With 4 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