740 County Road 231, Florence TX 76527

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $439,072. I'd recommend coming to market at $281,000 to $291,000 to strike the right balance between value and market velocity. At this price, the property would be below the only comparable home currently on the market comparable homes currently on the market in MYERS, C SUR., ACRES .2. The larger floor plan (128 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 2001, this home is 12 years newer than the average comp, which is reflected in the adjustments. With 1 similar homes currently listed in MYERS, C SUR., ACRES .2 (a buyer's market), competition is a factor to consider. The trend in 76527 shows prices have fallen 40.9% in the past 6 months. 635 Ramms DR, Florence TX 76527 nearby adjusts to $427,852; with a smaller floor plan. Based on 7 relevant data points in MYERS, C SUR., ACRES .2, 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