405 N Patterson Ave, Florence TX 76527

The estimated value of this property is $205,870, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $266,000 and $280,000. At this price, the property would be the most affordable of 2 comparable homes on the market comparable homes currently on the market in FLORENCE CITY. This home's smaller footprint (407 sqft vs the comp average) plays a role in how the market prices it. Built in 1930, this home is 53 years older than the average comp, which is reflected in the adjustments. Current inventory shows 2 comparable homes in FLORENCE CITY; based on recent absorption. The most comparable recent sale is 202 Brewster Ave, Florence TX 76527, with an adjusted value of $243,048; with a smaller floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group