605 S Donohoe ST, Granger TX 76530

Based on 7 closed sales in JARRELL, the data points to a value around $219,613 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $284,000 to $347,000. This pricing would rank the home as the 2nd most expensive of 3 comparable homes on the market in JARRELL's current inventory. This home's smaller footprint (154 sqft vs the comp average) plays a role in how the market prices it. Being built in 1940 (11 years older than comps) is factored into the value estimate. The active market in JARRELL includes 3 comparable homes priced from $214,900 to $500,000. Market data shows 76530 prices fallen 50% over the last half year. The closest comparable sale, 305 W Davilla ST, Granger TX 76530 at an adjusted $278,299, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in JARRELL. 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