807 Shaw, Lexington TX 78947

My analysis of 7 comparable properties puts this home's estimated value at $287,382. Based on how the local market is moving, a list price between $202,000 and $212,000 would position this home well. Relative to what's currently available in 78947, this home would be the 3rd most expensive of 7 comparable homes on the market. At 6 years newer than typical comps, the 2006 build date influences the valuation. The smaller lot (0.44 acres versus the area average of 0.78) contributes to the valuation. There are currently 7 similar homes on the market in 78947, ranging from $200,000 to $349,500. The 6 month price trend in 78947: fallen 21.7%. The best comp here is 113 North Ave, Lexington TX 78947 at an adjusted value of $275,015, 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