1261 N Patterson Ave, Florence TX 76527

The estimated value of this property is $249,399, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $182,000 and $192,000. At this price, the property would be the 2nd most expensive of 3 comparable homes on the market comparable homes currently on the market in 76527. Built in 1967, this home is 34 years older than the average comp, which is reflected in the adjustments. The 2.00 acre lot (smaller than the 2.79 acre average) is reflected in the estimate. 3 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 101 Hunters PT, Florence TX 76527, with an adjusted value of $163,118; 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