850 Fm 970, Florence TX 76527

After reviewing 7 recent transactions in 76527, I estimate this property's value at $573,980. A competitive list price for this home right now would fall in the $557,000 to $591,000 range. This home's position in the current 76527 market: below the only comparable home currently on the market among comparable properties. Being 793 sqft larger than the average comparable sale in this area impacts the per square foot value. At 11 years older than typical comps, the 1992 build date influences the valuation. The active market in 76527 includes 1 comparable homes priced from $850,000 to $850,000. Prices in 76527 have fallen 40.9% over the last 6 months. A similar home at 120 NW Strada Luca NW, Florence TX 76527 carries an adjusted comparable value of $869,933, providing a strong data point. With 7 comparable sales in 76527, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group