6383 FM 970, Florence TX 76527

After reviewing 7 recent transactions in 76527, I estimate this property's value at $371,172. A competitive list price for this home right now would fall in the $400,000 to $418,000 range. This home's position in the current 76527 market: the most affordable of 2 comparable homes on the market among comparable properties. Having a pool is a plus; 7 of the 7 comps lacked one. At 76 years older than typical comps, the 1937 build date influences the valuation. Current inventory shows 2 comparable homes in 76527; a buyer's market based on recent absorption. Prices in 76527 have fallen 35% over the last 6 months. A similar home at 1900 County Road 226, Florence TX 76527 carries an adjusted comparable value of $363,695, providing a strong data point. The comp data here (7 sales in 76527) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus