505 N LEXINGTON ST, Manor TX 78653

My analysis of 7 comparable properties puts this home's estimated value at $198,718. Based on how the local market is moving, a list price between $193,000 and $205,000 would position this home well. This home's position in the current MANOR TOWN market: below the only comparable home currently on the market among comparable properties. At 537 sqft smaller than the typical comp, the size difference factors into the valuation. At 33 years older than typical comps, the 1950 build date influences the valuation. With 1 similar homes currently listed in MANOR TOWN (a buyer's market), competition is a factor to consider. The 6 month price trend in 78653: risen 3.9%. The best comp here is 501 N Caldwell ST, Manor TX 78653 at an adjusted value of $253,692, with a larger floor plan. With 7 comparable sales in MANOR TOWN, 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