11100 Fm 487, Florence TX 76527

The estimated value of this property is $843,892, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $819,000 and $869,000. At this price, the property would be below the only comparable home currently on the market comparable homes currently on the market in 76527. Being 758 sqft larger than the average comparable sale in this area impacts the per square foot value. The 28.63 acre lot (larger than the 6.49 acre average) is reflected in the estimate. 1 similar homes are currently available in 76527, creating a buyer's market for this price range. Recent trends in 76527 show home values have fallen 40.9% since 6 months ago. The most comparable recent sale is 1201 County Road 229, Florence TX 76527, with an adjusted value of $965,548; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group