1840 County Road 226, Florence TX 76527

The estimated value of this property is $511,734, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $592,000 and $716,000. With 3 comparable homes on the market in HORNSBY, J. AKA FOREST FLORENCE, this price positions the property as the most affordable of 3 comparable homes on the market. The larger floor plan (794 sqft compared to the average comp) is a meaningful differentiator in this price range. The pool is a standout feature, with 6 of 7 comparable homes not offering one. Current inventory shows 3 comparable homes in HORNSBY, J. AKA FOREST FLORENCE; a buyer's market based on recent absorption. Recent trends in 76527 show home values have fallen 35% since 6 months ago. The most comparable recent sale is 1900 County Road 226, Florence TX 76527, with an adjusted value of $507,860; with a smaller floor plan and no pool. 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