Reviewing the most recent comparable transactions, this home's market value falls around $405,637. For a well positioned listing in RAMMS, I'd target the $132,000 to $142,000 range. With 3 comparable homes on the market in RAMMS, this price positions the property as the most expensive of 3 comparable homes on the market. The 1997 construction puts this home 19 years newer than the comp average, a factor in the pricing. At 6.00 acres, the lot is larger than the 5.38 acre comp average, which factors into pricing. Buyers in RAMMS have 3 comparable options right now, with asking prices between $168,000 and $375,000. Recent trends in 76527 show home values have risen 9.4% since 6 months ago. The most comparable recent sale is 635 Ramms DR, Florence TX 76527, with an adjusted value of $426,524; with a larger floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime.
Ed Neuhaus, Neuhaus Realty Group