1001 IBIS FALLS LOOP, Jarrell TX 76537

The estimated value of this property is $270,901, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $230,000 and $240,000. In the current SONTERRA market with 7 similar homes available, this price represents the 3rd most expensive of 7 comparable homes on the market. At 121 sqft larger than the typical comp, the size difference factors into the valuation. Right now, 7 similar properties are competing for buyers in SONTERRA, listed between $239,000 and $319,990. Recent trends in SONTERRA show home values have risen 7.9% since 6 months ago. The most comparable recent sale is 425 Ibis Falls LOOP, Jarrell TX 76537, with an adjusted value of $288,143; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group