640 County Road 220, Florence TX 76527

The estimated value of this property is $451,358, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $343,000 and $353,000. Against 6 similar active listings in 76527, this price point lands at the 2nd most expensive of 6 comparable homes on the market. The larger floor plan (234 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1.21 acre lot (smaller than the 7.93 acre average) is reflected in the estimate. The active market in 76527 includes 6 comparable homes priced from $325,000 to $649,000. Recent trends in 76527 show home values have risen 4.4% since 6 months ago. The most comparable recent sale is 1900 County Road 226, Florence TX 76527, with an adjusted value of $420,546; with a smaller floor plan. Based on 7 relevant data points in 76527, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX