150 CR 314, Jarrell TX 76537

Based on 7 closed sales in PARSON, the data points to a value around $309,305 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $228,000 to $238,000. This pricing would rank the home as the most expensive of 7 comparable homes on the market in PARSON's current inventory. Being built in 2001 (10 years older than comps) is factored into the value estimate. Lot size matters here: 10.00 acres versus 0.22 for the typical comp. With 7 similar homes currently listed in PARSON (a buyer's market), competition is a factor to consider. Market data shows 76537 prices fallen 4.4% over the last half year. The closest comparable sale, 131 Meadow Valley LOOP, Jarrell TX 76537 at an adjusted $432,978, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in PARSON. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group