1137 IBIS FALLS LOOP, Jarrell TX 76537

The market data from 4 similar recent sales in SONTERRA points to a value of approximately $317,291. To sell within a reasonable timeframe at fair market value, the $304,000 to $311,000 range is where I'd position this. With 3 comparable homes on the market in SONTERRA, this price positions the property as the most expensive of 3 comparable homes on the market. Being 112 sqft larger than the average comparable sale in this area impacts the per square foot value. 3 similar homes are currently available in SONTERRA, creating a buyer's market for this price range. In SONTERRA, home values have risen approximately 7.9% over the past 6 months. One of the strongest data points is 1109 Ibis Falls LOOP, Jarrell TX 76537, adjusting to $304,399; a strong comparable. 4 comparable transactions in SONTERRA 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