113 Peony LN, Jarrell TX 76537

Reviewing the most recent comparable transactions, this home's market value falls around $193,075. For a well positioned listing in SONTERRA WEST, I'd target the $225,000 to $235,000 range. Against 7 similar active listings in SONTERRA WEST, this price point lands at the 2nd least expensive of 7 comparable homes on the market. At 0.00 acres, the lot is smaller than the 0.13 acre comp average, which factors into pricing. There are currently 7 similar homes on the market in SONTERRA WEST, ranging from $198,000 to $267,900. Recent trends in SONTERRA WEST show home values have fallen 2.7% since 6 months ago. The most comparable recent sale is 137 Hondo Gap LN, Jarrell TX 76537, with an adjusted value of $183,726; 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