100 W Fm 487, Jarrell TX 76537

The market data from 7 similar recent sales in 76537 points to a value of approximately $200,733. To sell within a reasonable timeframe at fair market value, the $225,000 to $232,000 range is where I'd position this. With 7 comparable homes on the market in 76537, this price positions the property as the most affordable of 7 comparable homes on the market. The 1982 construction puts this home 34 years older than the comp average, a factor in the pricing. At 3.00 acres, the lot is larger than the 0.14 acre comp average, which factors into pricing. 7 comparable transactions in 76537 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