5770 County Road 245, Florence TX 76527

The market data from 7 similar recent sales in MANLOVE points to a value of approximately $359,412. To sell within a reasonable timeframe at fair market value, the $435,000 to $455,000 range is where I'd position this. At this price, the property would be the most affordable of 3 comparable homes on the market comparable homes currently on the market in MANLOVE. This home's larger footprint (199 sqft vs the comp average) plays a role in how the market prices it. The 1930 construction puts this home 69 years older than the comp average, a factor in the pricing. 3 similar homes are currently available in MANLOVE, creating a buyer's market for this price range. In 76527, home values have fallen approximately 31.4% over the past 6 months. One of the strongest data points is 2155 Highway 138, Florence TX 76527, adjusting to $501,779; with a smaller floor plan. 7 comparable transactions in MANLOVE 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