The estimated value of this property is $201,339, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $221,000 and $232,000. Among the similar homes currently available in SONTERRA WEST, this price point stands out as competitive. Built in 2008, this home is 5 years older than the average comp, which is reflected in the adjustments. Right now, 6 similar properties are competing for buyers in SONTERRA WEST, listed between $195,000 and $267,900. Recent trends in SONTERRA WEST show home values have fallen 2.7% since 6 months ago. The most comparable recent sale is 233 J E Brown LN, Jarrell TX 76537, with an adjusted value of $211,201; 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