101 Spears Ranch RD, Jarrell TX 76537

The market data from 7 similar recent sales in SPEARS RANCH points to a value of approximately $473,130. To sell within a reasonable timeframe at fair market value, the $711,000 to $951,000 range is where I'd position this. With 3 comparable homes on the market in SPEARS RANCH, this price positions the property as the most affordable of 3 comparable homes on the market. The larger floor plan (1,787 sqft compared to the average comp) is a meaningful differentiator in this price range. The 2012 construction puts this home 9 years older than the comp average, a factor in the pricing. 3 similar homes are currently available in SPEARS RANCH, creating a buyer's market for this price range. In 76537, home values have fallen approximately 3.7% over the past 6 months. One of the strongest data points is 200 Spears Ranch RD, Jarrell TX 76537, adjusting to $950,880; with a pool. 7 comparable transactions in SPEARS RANCH 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