7803 W FM 487, Florence TX 76527

Taking into account 7 nearby comparable sales, this property's estimated value comes to $470,158. If we were to list this property today, I'd recommend a list price in the $586,000 to $696,000 range. Relative to what's currently available in 76527, this home would be no active comparable homes on the market. Being built in 2008 (25 years newer than comps) is factored into the value estimate. Lot size matters here: 8.09 acres versus 3.11 for the typical comp. The 6 month price trend in 76527: fallen 40.9%. The best comp here is 51 County Rd 230, Florence TX 76527 at an adjusted value of $585,858, with a smaller floor plan. The strength of this estimate comes from 7 directly comparable sales in 76527. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group