425 Mercy Ranch RD, Florence TX 76527

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $632,380. To generate strong buyer interest while maximizing value, I'd price this between $644,000 and $738,000. At this price, the property would be no active comparable homes on the market comparable homes currently on the market in 76527. At 491 sqft smaller than the typical comp, the size difference factors into the valuation. The 2007 construction puts this home 8 years newer than the comp average, a factor in the pricing. The trend in 76527 shows prices have fallen 35% in the past 6 months. 20489 Stillman Valley RD, Florence TX 76527 nearby adjusts to $643,983; with a smaller floor plan. 6 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