Frequently Asked Questions
What warranties come with a new construction home?
Most Builders provide a 1-year workmanship warranty, a 2-year systems warranty, and a 10-year structural warranty.
What upgrades are included in a new build vs what is considered extras?
Builders in Lexington, MO usually offer a base package and optional upgrades such as flooring, countertops, and appliances.
Do new construction homes in Lexington, MO hold their value?
Yes, especially in fast-growing areas of Lexington, MO. Resale values are supported by population growth, job opportunities, and desirable schools.
What happens if I find issues after moving in to new build?
Builders typically provide a post-move in warranty service to address punch list items.
Home Trends in Lexington, MO
On average, homes in Lexington, MO sell after 50 days on the market compared to the national average of 54 days. The median sale price for homes in Lexington, MO over the last 12 months is $215,000, consistent with the median home sale price over the previous 12 months.
Median Sale Price
$215,000
Median Single Family Sale Price
$215,000
Average Price Per Sq Ft
$140
Number of Homes for Sale
24
Last 12 months Home Sales
75
Median List Price
$228,750
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
0%