902 Caldwell ST, Lexington TX 78947

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $311,319. To generate strong buyer interest while maximizing value, I'd price this between $203,000 and $213,000. At this price, the property would be the 3rd most expensive of 7 comparable homes on the market comparable homes currently on the market in 78947. The 2009 construction puts this home 7 years newer than the comp average, a factor in the pricing. At 0.26 acres, the lot is smaller than the 2.56 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in 78947; a buyer's market based on recent absorption. The trend in 78947 shows prices have fallen 21.7% in the past 6 months. 815 Giddings ST, Lexington TX 78947 nearby adjusts to $282,643; 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