Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $756,364. To generate strong buyer interest while maximizing value, I'd price this between $660,000 and $670,000. Against 1 similar active listings in 76527, this price point lands at below the only comparable home currently on the market. At 632 sqft larger than the typical comp, the size difference factors into the valuation. At 5.11 acres, the lot is larger than the 4.21 acre comp average, which factors into pricing. With 1 similar homes currently listed in 76527 (a buyer's market), competition is a factor to consider. The trend in 76527 shows prices have fallen 6.8% in the past 6 months. 120 NW Strada Luca NW, Florence TX 76527 nearby adjusts to $954,528; with a larger floor plan. 6 comparable transactions in 76527 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value.
Ed Neuhaus, Broker/Owner | Neuhaus Realty Group