1600 County Road 226, Florence TX 76527

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $478,061. I'd recommend coming to market at $371,000 to $381,000 to strike the right balance between value and market velocity. Among the similar homes currently available in WELLS M J SUR, this price point stands out as competitive. At 484 sqft larger than the typical comp, the size difference factors into the valuation. Built in 2004, this home is 17 years newer than the average comp, which is reflected in the adjustments. Current inventory shows 6 comparable homes in WELLS M J SUR; a buyer's market based on recent absorption. The trend in 76527 shows prices have risen 9.4% in the past 6 months. 815 County Road 226, Florence TX 76527 nearby adjusts to $468,000; with a smaller floor plan. Based on 7 relevant data points in WELLS M J SUR, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX