305 Patterson Ave, Florence TX 76527

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $252,724. To generate strong buyer interest while maximizing value, I'd price this between $335,000 and $341,000. With 3 comparable homes on the market in FLORENCE CITY, this price positions the property as the 2nd most expensive of 3 comparable homes on the market. The 1940 construction puts this home 32 years older than the comp average, a factor in the pricing. At 0.24 acres, the lot is smaller than the 2.76 acre comp average, which factors into pricing. Current inventory shows 3 comparable homes in FLORENCE CITY; a seller's market based on recent absorption. The trend in FLORENCE CITY shows prices have risen 18.8% in the past 6 months. 401 S Love Ave, Florence TX 76527 nearby adjusts to $219,180; 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