404 N Patterson Ave, Florence TX 76527

After reviewing 7 recent transactions in FLORENCE CITY, I estimate this property's value at $261,278. A competitive list price for this home right now would fall in the $164,000 to $174,000 range. Relative to what's currently available in FLORENCE CITY, this home would be the 3rd most expensive of 6 comparable homes on the market. Being 101 sqft larger than the average comparable sale in this area impacts the per square foot value. At 41 years older than typical comps, the 1950 build date influences the valuation. Current inventory shows 6 comparable homes in FLORENCE CITY; based on recent absorption. A similar home at 103 Lackey, Florence TX 76527 carries an adjusted comparable value of $206,772, providing a strong data point. With 7 comparable sales in FLORENCE CITY, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group