651 Fm 2843, Florence TX 76527

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $519,625. I'd recommend coming to market at $216,000 to $226,000 to strike the right balance between value and market velocity. Among the similar homes currently available in CHAPEL VIEW, this price point stands out as competitive. Built in 2017, this home is 15 years newer than the average comp, which is reflected in the adjustments. The 5.00 acre lot (larger than the 2.55 acre average) is reflected in the estimate. There are currently 1 similar homes on the market in CHAPEL VIEW, ranging from $195,000 to $195,000. The trend in 76527 shows prices have fallen 40.9% in the past 6 months. 51 County Rd 230, Florence TX 76527 nearby adjusts to $575,433; 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