144 Peony LN, Jarrell TX 76537

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $237,865. To generate strong buyer interest while maximizing value, I'd price this between $251,000 and $261,000. Against 7 similar active listings in SONTERRA WEST, this price point lands at the 3rd least expensive of 7 comparable homes on the market. At 0.00 acres, the lot is smaller than the 0.13 acre comp average, which factors into pricing. With 7 similar homes currently listed in SONTERRA WEST (a buyer's market), competition is a factor to consider. The trend in SONTERRA WEST shows prices have fallen 2.7% in the past 6 months. 240 Geode LN, Jarrell TX 76537 nearby adjusts to $206,082; a strong comparable. 7 comparable transactions in SONTERRA WEST 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