2270 County Road 226, Florence TX 76527

The market data from 7 similar recent sales in 76527 points to a value of approximately $472,251. To sell within a reasonable timeframe at fair market value, the $340,000 to $350,000 range is where I'd position this. With 2 comparable homes on the market in 76527, this price positions the property as the most expensive of 2 comparable homes on the market. At 1.41 acres, the lot is smaller than the 9.07 acre comp average, which factors into pricing. Right now, 2 similar properties are competing for buyers in 76527, listed between $299,000 and $425,000. In 76527, home values have fallen approximately 40.9% over the past 6 months. One of the strongest data points is 1900 County Road 226, Florence TX 76527, adjusting to $415,073; 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