Reviewing the most recent comparable transactions, this home's market value falls around $518,780. For a well positioned listing in 76527, I'd target the $682,000 to $768,000 range. Against 0 similar active listings in 76527, this price point lands at no active comparable homes on the market. Being 273 sqft smaller than the average comparable sale in this area impacts the per square foot value. The 1995 construction puts this home 8 years older than the comp average, a factor in the pricing. Recent trends in 76527 show home values have fallen 19.2% since 6 months ago. The most comparable recent sale is 51 County Rd 230, Florence TX 76527, with an adjusted value of $573,858; a strong comparable. 7 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
