101 Druse LN, Jarrell TX 76537

The market data from 7 similar recent sales in SONTERRA WEST points to a value of approximately $255,531. To sell within a reasonable timeframe at fair market value, the $279,000 to $285,000 range is where I'd position this. At this price, the property would be the most affordable of 6 comparable homes on the market comparable homes currently on the market in SONTERRA WEST. The larger floor plan (100 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.18 acres, the lot is larger than the 0.14 acre comp average, which factors into pricing. With 6 similar homes currently listed in SONTERRA WEST (a buyer's market), competition is a factor to consider. In SONTERRA WEST, home values have fallen approximately 2.7% over the past 6 months. One of the strongest data points is 1145 Ibis Falls LOOP, Jarrell TX 76537, adjusting to $285,416; a strong comparable. 7 comparable transactions in SONTERRA WEST 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