117 Peony LN, Jarrell TX 76537

Reviewing the most recent comparable transactions, this home's market value falls around $217,652. For a well positioned listing in SONTERRA WEST, I'd target the $229,000 to $240,000 range. With 7 comparable homes on the market in SONTERRA WEST, this price positions the property as the 4th most expensive of 7 comparable homes on the market. At 0.00 acres, the lot is smaller than the 0.14 acre comp average, which factors into pricing. Right now, 7 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 risen 1.6% since 6 months ago. The most comparable recent sale is 117 Hematite LN, Jarrell TX 76537, with an adjusted value of $212,056; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group