775 COUNTY ROAD 225, Florence TX 76527

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $521,957. I'd recommend coming to market at $326,000 to $336,000 to strike the right balance between value and market velocity. At this price, the property would be the most expensive of 2 comparable homes on the market comparable homes currently on the market in 76527. Built in 1996, this home is 6 years older than the average comp, which is reflected in the adjustments. The 31.31 acre lot (larger than the 8.01 acre average) is reflected in the estimate. The active market in 76527 includes 2 comparable homes priced from $299,000 to $425,000. The trend in 76527 shows prices have fallen 40.9% in the past 6 months. 1900 County Road 226, Florence TX 76527 nearby adjusts to $461,875; 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