148 Hondo Gap LN, Jarrell TX 76537

The market data from 7 similar recent sales in SONTERRA points to a value of approximately $218,591. To sell within a reasonable timeframe at fair market value, the $236,000 to $242,000 range is where I'd position this. With 3 comparable homes on the market in SONTERRA, this price positions the property as the most affordable of 3 comparable homes on the market. The 2014 construction puts this home 5 years older than the comp average, a factor in the pricing. 3 similar homes are currently available in SONTERRA, creating a buyer's market for this price range. In SONTERRA, home values have risen approximately 2.1% over the past 6 months. One of the strongest data points is 404 Ammonite LN, Jarrell TX 76537, adjusting to $241,668; 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