2951 County Road 228, Florence TX 76527

The market data from 7 similar recent sales in MYERS C SUR points to a value of approximately $460,611. To sell within a reasonable timeframe at fair market value, the $447,000 to $474,000 range is where I'd position this. With 1 comparable homes on the market in MYERS C SUR, this price positions the property as above the only comparable home currently on the market. The 1993 construction puts this home 6 years older than the comp average, a factor in the pricing. At 14.99 acres, the lot is larger than the 7.93 acre comp average, which factors into pricing. With 1 similar homes currently listed in MYERS C SUR (a buyer's market), competition is a factor to consider. In 76527, home values have fallen approximately 19.2% over the past 6 months. One of the strongest data points is 1900 County Road 226, Florence TX 76527, adjusting to $464,141; with a smaller floor plan. 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