132 Lignite DR, Jarrell TX 76537

The market data from 3 similar recent sales in SONTERRA points to a value of approximately $247,126. To sell within a reasonable timeframe at fair market value, the $277,000 to $294,000 range is where I'd position this. With 7 comparable homes on the market in SONTERRA, this price positions the property as the 3rd most expensive of 7 comparable homes on the market. The 2009 construction puts this home 9 years older than the comp average, a factor in the pricing. At 0.17 acres, the lot is larger than the 0.13 acre comp average, which factors into pricing. The active market in SONTERRA includes 7 comparable homes priced from $215,000 to $325,000. In SONTERRA, home values have risen approximately 7.9% over the past 6 months. One of the strongest data points is 120 Igneous LN, Jarrell TX 76537, adjusting to $247,661; a strong comparable. 3 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