103 Elmo ST, Florence TX 76527

The market data from 7 similar recent sales in FLORENCE CITY points to a value of approximately $342,595. To sell within a reasonable timeframe at fair market value, the $171,000 to $181,000 range is where I'd position this. 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 FLORENCE CITY. The 169 sqft size difference versus comparable sales is reflected in the adjusted values. The 1943 construction puts this home 39 years older than the comp average, a factor in the pricing. Current inventory shows 7 comparable homes in FLORENCE CITY; a buyer's market based on recent absorption. In FLORENCE CITY, home values have risen approximately 12.4% over the past 6 months. One of the strongest data points is 401 S Love Ave, Florence TX 76527, adjusting to $239,767; with a smaller floor plan. 7 comparable transactions in FLORENCE CITY support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group