1455 Fm 970, Florence TX 76527

The market data from 7 similar recent sales in 76527 points to a value of approximately $464,477. To sell within a reasonable timeframe at fair market value, the $533,000 to $534,000 range is where I'd position this. Against 2 similar active listings in 76527, this price point lands at the most affordable of 2 comparable homes on the market. This home's larger footprint (414 sqft vs the comp average) plays a role in how the market prices it. The 1942 construction puts this home 59 years older than the comp average, a factor in the pricing. Right now, 2 similar properties are competing for buyers in 76527, listed between $525,000 and $665,000. In 76527, home values have fallen approximately 40.9% over the past 6 months. One of the strongest data points is 208 E Tomlinson ST, Florence TX 76527, adjusting to $194,350; with a smaller floor plan. 7 comparable transactions in 76527 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