136 Morrison DR, Jarrell TX 76537

The market data from 4 similar recent sales in COOL WATER points to a value of approximately $229,991. To sell within a reasonable timeframe at fair market value, the $223,000 to $237,000 range is where I'd position this. At this price, the property would be the 2nd least expensive of 4 comparable homes on the market comparable homes currently on the market in COOL WATER. The smaller floor plan (138 sqft compared to the average comp) is a meaningful differentiator in this price range. Right now, 4 similar properties are competing for buyers in COOL WATER, listed between $225,000 and $279,000. In COOL WATER, home values have fallen approximately 5.1% over the past 6 months. One of the strongest data points is 121 Paradise Canyon DR, Jarrell TX 76537, adjusting to $269,090; a strong comparable. 4 comparable transactions in COOL WATER 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