400 Fm 970, Florence TX 76527

The market data from 7 similar recent sales in 76527 points to a value of approximately $261,767. To sell within a reasonable timeframe at fair market value, the $342,000 to $367,000 range is where I'd position this. At this price, the property would be the most affordable of 2 comparable homes on the market comparable homes currently on the market in 76527. At 412 sqft smaller than the typical comp, the size difference factors into the valuation. The 1985 construction puts this home 6 years newer than the comp average, a factor in the pricing. With 2 similar homes currently listed in 76527 (a buyer's market), competition is a factor to consider. In 76527, home values have fallen approximately 35% over the past 6 months. One of the strongest data points is 202 Brewster Ave, Florence TX 76527, adjusting to $260,250; 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