1211 N Patterson Ave, Florence TX 76527

Based on 7 closed sales in CHAMBERS, the data points to a value around $264,474 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $353,000 to $355,000. This pricing would rank the home as the most affordable of 2 comparable homes on the market in CHAMBERS's current inventory. This home's smaller footprint (172 sqft vs the comp average) plays a role in how the market prices it. Being built in 1994 (13 years newer than comps) is factored into the value estimate. Current inventory shows 2 comparable homes in CHAMBERS; a buyer's market based on recent absorption. Market data shows 76527 prices fallen 40.9% over the last half year. The closest comparable sale, 1115 County Road 220, Florence TX 76527 at an adjusted $355,396, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in CHAMBERS. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group