811 Fourth ST, Lexington TX 78947

My analysis of 7 comparable properties puts this home's estimated value at $197,750. Based on how the local market is moving, a list price between $228,000 and $267,000 would position this home well. Relative to what's currently available in 78947, this home would be no active comparable homes on the market. The smaller floor plan (419 sqft compared to the average comp) is a meaningful differentiator in this price range. At 9 years newer than typical comps, the 2005 build date influences the valuation. The 6 month price trend in 78947: fallen 21.7%. The best comp here is 920 Cherry ST, Lexington TX 78947 at an adjusted value of $213,235, with a larger floor plan. 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