2188 County Road 226, Florence TX 76527

The estimated value of this property is $461,572, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $492,000 and $617,000. Against 2 similar active listings in 76527, this price point lands at the most affordable of 2 comparable homes on the market. At 386 sqft larger than the typical comp, the size difference factors into the valuation. Built in 1993, this home is 7 years older than the average comp, which is reflected in the adjustments. 2 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 1900 County Road 226, Florence TX 76527, with an adjusted value of $426,262; with a smaller floor plan. Based on 7 relevant data points in 76527, 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