815 Giddings ST, Lexington TX 78947

The market data from 7 similar recent sales in 78947 points to a value of approximately $333,453. To sell within a reasonable timeframe at fair market value, the $216,000 to $226,000 range is where I'd position this. At this price, the property would be the 2nd most expensive of 6 comparable homes on the market comparable homes currently on the market in 78947. This home's larger footprint (312 sqft vs the comp average) plays a role in how the market prices it. The 2008 construction puts this home 9 years newer than the comp average, a factor in the pricing. 6 similar homes are currently available in 78947, creating a buyer's market for this price range. In 78947, home values have fallen approximately 15.9% over the past 6 months. One of the strongest data points is 5999 County Road 326, Lexington TX 78947, adjusting to $314,790; 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