121 Lignite, Jarrell TX 76537

The market data from 7 similar recent sales in SONTERRA points to a value of approximately $213,208. To sell within a reasonable timeframe at fair market value, the $209,000 to $217,000 range is where I'd position this. In the current SONTERRA market with 7 similar homes available, this price represents the most affordable of 7 comparable homes on the market. At 0.00 acres, the lot is smaller than the 0.15 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in SONTERRA; a buyer's market based on recent absorption. In SONTERRA, home values have fallen approximately 8.3% over the past 6 months. One of the strongest data points is 133 Lignite DR, Jarrell TX 76537, adjusting to $223,185; a strong comparable. 7 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