Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $453,220. I'd recommend coming to market at $504,000 to $537,000 to strike the right balance between value and market velocity. With 0 comparable homes on the market in FLORENCE / BURNET ISD RURAL, this price positions the property as no active comparable homes on the market. The larger floor plan (167 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 1996, this home is 12 years newer than the average comp, which is reflected in the adjustments. The trend in 76527 shows prices have risen 11.9% in the past 6 months. 635 Ramms DR, Florence TX 76527 nearby adjusts to $537,259; with a smaller floor plan. Based on 7 relevant data points in FLORENCE / BURNET ISD RURAL, 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