2701 County Road 224, Florence TX 76527

The market data from 7 similar recent sales in 76527 points to a value of approximately $530,123. To sell within a reasonable timeframe at fair market value, the $560,000 to $577,000 range is where I'd position this. In the current 76527 market with 0 similar homes available, this price represents no active comparable homes on the market. At 351 sqft larger than the typical comp, the size difference factors into the valuation. The 2017 construction puts this home 10 years newer than the comp average, a factor in the pricing. In 76527, home values have fallen approximately 23.8% over the past 6 months. One of the strongest data points is 2155 Highway 138, Florence TX 76527, adjusting to $525,900; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group